On July 16, CSG completed the partial equity acquisition of the project of Bash and Dzhankeldy wind farms and their 500 kV transmission grid in Uzbekistan. It is the largest wind power project in Central Asia and is expected to complete and begin operation in 2025.

As one of the major countries with rich natural gas resources in Central Asia, Uzbekistan relies mostly on these resources for its energy consumption. In order to comprehensively advance the "Uzbekistan-2030" strategy, the country plans to increase the proportion of renewable energy generation to 40% by 2030 and achieve carbon neutrality by 2050. It is estimated that the wind power projects will reduce carbon dioxide emissions by 1.6 million metric tons annually.

CSG has said it will work with Saudi partners to create an exemplary project under the Belt and Road Initiative, supporting Uzbekistan's transition to low-carbon energy and actively contributing to its economic and social development. Additionally, this project will enhance mutual trust and friendship between the two parties, creating more opportunities for cooperation in areas such as pumped-storage hydroelectricity and new energy integration.

CSG operates the world's most complex and technologically advanced AC/DC hybrid power grid, providing power supply services to five provincial-level regions (Guangdong, Guangxi, Yunnan, Guizhou and Hainan) in southern China as well as Hong Kong and Macao SARs. It is also the first Chinese power grid enterprise to go global.

As China and Uzbekistan elevated their ties to an all-weather comprehensive strategic partnership for a new era, CSG's involvement in the construction of wind power projects in Uzbekistan and the advancement of clean energy cooperation represents significant progress by Chinese enterprises to enhance the joint construction of the Belt and Road Initiative in Uzbekistan.

Related

Go to Forum >>0 Comment(s)