President: We crucially need guaranteed and stable energy resources 

Uzbekistan crucially needs guaranteed and stable energy resources to achieve its ambitious goals. President Shavkat Mirziyoyev said this in his speech at the ceremony dedicated to the launch of large joint projects in the field of "green" energy.

"According to our calculations, the demand for electricity in our country is expected to increase from the current 83 billion to 120 billion kilowatt hours in the next six years. First of all, we will cover this at the expense of renewable energy," the head of state said.

"Why are we paying so much attention and encouragement to the development of "green" energy? Because, first of all, we have set ourselves the goal of doubling the size of the industry by 2030, raising the quality of such industries as metallurgy, petrochemical and mechanical engineering to a completely new level. We are planning to implement more than 500 large industrial and infrastructure projects with a total value of $150 billion," Shavkat Mirziyoyev said.

The country is constantly looking to mitigate the negative effects of climate change, which has become a global problem. Actively promotes important proposals and initiatives at international summits. Recently, within the United Nations Climate Change Conference in Dubai, the countries of the world agreed to triple the "green" generation.

"Uzbekistan fully supports this initiative and will consistently continue its active investment policy to increase "green" energy sources to 27 gigawatts by 2030," the president said.

Currently, intensive work is being done on the construction projects of 22 solar and wind power plants with a capacity of 9 gigawatts in the republic. At the same time, special emphasis is being placed on improving the infrastructure to deliver new generation capacity.

"Our country has a huge potential in the field of "green" energy. It is necessary to make good use of this great opportunity given by the Creator and direct it to the interests of our people," he said.

In order to stimulate the industry, the "Sunny House" system was launched to provide preferential loans and subsidies for the installation of solar panels, and guarantee the purchase of produced electricity. This year alone, 50,000 households and entrepreneurs installed solar panels. Considering that there are more than 7 million housing units in the country, this creates a huge market for investors.

"In the future, Uzbekistan is taking the first steps to supply "green" energy to the markets of Asian and European countries through a clear plan and determined efforts," Shavkat Mirziyoyev said.