CHANGCHUN,China, December. 19, 2019 /PVTIME/ -- Central Asia possesses vast renewable energy resources including solar, wind, and water that are largely untapped. This huge potential attracts more and more investments into this region as the local government is striving to develop the renewable energy industries with a series of policies.
Kazakhstan aims to reach 50% of electricity generation through renewable sources by 2050. In 2018, Kazakhstan completed 36 renewable energy projects tallying a total of 857.93MW.
Uzbekistan's target is to have up to 5GW of installed solar capacity by 2030. In October of this year, Uzbekistan completed a 100MW PV project tender. Since then, the government has signed a mandate with the International Finance Corporation (IFC) for new Public-Private Partnerships (PPPs) tenders of up to 900MW in solar projects.
After its great success of 2019, the 2nd Central Asia Renewable Energy Summit (CARES 2020) will be back in Nur-Sultan, Kazakhstan, during February 27-28, 2020.
Focusing on Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan, CARES 2020 will bring a series of in-depth discussions covering solar, wind, and hydro power by gathering most of the key decision makers of this region, helping you secure cooperation opportunities and win tenders.