The key facts
- On October 16, Mirziyoyev held meetings with participants of the Council of Investors in the fuel and energy sector
- Sinoma Energy completed its first solar power plant project with a battery storage system in the Navoi region
- Projects in renewables, energy storage, waste processing, water supply, agrivoltaics, and oil and gas were discussed
Meeting with Chinese investors
On October 16, President of Uzbekistan Shavkat Mirziyoyev held a series of meetings with participants of the Council of Investors in the fuel and energy sector, Spot.uz reports citing the presidential press service. According to the press service, projects in the fields of renewable energy, energy storage, waste processing, and water supply were discussed. Proposals for creating a logistics hub, developing agrivoltaics, and working in the oil and gas sector were supported.
China Energy International
Xiao Xiubin, president of China Energy International, in an interview with the O’zbekiston 24 TV channel noted the special attention of the head of Uzbekistan to partnership with CEEC — the engineering structure of the China Energy group. According to him, the president emphasized the importance of developing renewable energy sources, storage systems, and reliable power grids, and also called for investing in the water system of the Navoi region. Xiao Xiubin stated that Mirziyoyev instructed the ministers and deputy prime ministers present to support China Energy's work in Uzbekistan and to accelerate the implementation of new projects.
Completed Sinoma project
Sinoma Energy Conservation head Men Xinglin said that the company completed its first solar photovoltaic power plant project with a battery energy storage system in the Navoi region. “When we reported the results [of the project], Mr. President expressed his satisfaction and support for us in the future. We are pleased that by investing in Uzbekistan we are contributing to the life of the population,” Spot.uz quotes him as saying.
Assessments and plans
CAMCE Chairman of the Board Bo Wang noted the “effective partnership” between the business circles of Uzbekistan and China and expressed his expectation that new companies and investors from China will enter the local market in the future. Earlier, Spot reported that the Chinese company plans to create a network of electric vehicle charging stations along the Tashkent — Khorezm highway.
