The parties will cooperate in the design of solar and wind power plants.
UzAssystem will promote the development of renewable energy in Kyrgyzstan, Spot reports referring to Renewables Now.
The joint venture signed a memorandum of understanding with the National Energy Holding Company of Kyrgyzstan. The document indicates the intentions to implement joint energy projects in the republic.
The parties will jointly develop projects for hydroelectric power plants, solar and wind power plants, as well as cooperate in the management of these projects. They will also create a digital model of the Kyrgyz power grids.
In addition, energy companies will work together on smart grid systems and energy storage. Finally, they will be engaged in the modernization of standards in the field of electrical engineering.
It is noted that Kyrgyzstan plans to reduce atmospheric emissions by 44% by 2030. Now the absolute majority of the republic’s power generation is accounted for by hydroelectric power plants – 92%.
UzAssystem was established in 2019 at the initiative of the Ministry of Energy and the international engineering company Assystem. It is engaged in the design and management of projects aimed at transforming the energy sector in Uzbekistan.
It is getting cheaper to provide a house with renewable energy – according to the calculations of the Ministry of Energy, a block of photopanels for 2 kW, together with the installation, will cost 18-30 million soums. The state budget will compensate part of the costs of their installation, and will also provide a number of benefits.
Solar panel owners can also earn additional income by selling the generated electricity to local grids. The first such agreement was concluded in early November (Spot later published a detailed account of this practice).