The Project involves the construction, ownership and operation of solar power plants that can generate 1,000 MW, equivalent to the annual electricity consumption of approximately 600,000 households, and large-scale battery energy storage systems (BESS), with a total storage. The Project involves the construction, ownership and operation of solar power plants that can generate 1,000 MW, equivalent to the annual electricity consumption of approximately 600,000 households, and large-scale battery energy storage systems (BESS), with a total storage. Uzbekistan is making significant strides in its transition to renewable energy, driven by a clear vision for a sustainable future and supported by robust government initiatives. TASHKENT, UZBEKISTAN (29 October 2025) — The Asian Development Bank (ADB), together with ACWA Power Company, Sumitomo Corporation, Chubu. The European Bank for Reconstruction and Development (EBRD) is providing a comprehensive financing package of US$ 142 million (€121 million) for two special-purpose vehicles (SPVs) that will develop Uzbekistan 's and Central Asia's largest combined solar photovoltaic and battery energy storage. The government of Uzbekistan has implemented several initiatives to promote the use of solar power, including the development of large-scale solar power plants and the introduction of incentives for individuals and businesses to install solar panels. Some of the benefits of solar power in.