Wedoany.com Report-Jul. 29, Kyrgyzstan’s Cabinet of Ministers has entered into an investment agreement with two Vietnamese companies, Rox Energy Global and RECA LLC, to develop a 1.9 GW solar power plant in the village of Kyzyl-Oruk, located in the Issyk-Kul region of northeastern Kyrgyzstan. The agreement outlines the construction and operation of the facility, which is expected to be one of the largest solar projects in the region upon completion.

The Ministry of Energy announced that the project, currently in its early development phase, is scheduled for completion in 2027. The initiative prioritizes energy security and is supported by foreign investment. Discussions during the signing covered key aspects such as land allocation, grid connectivity, and government support to ensure the project’s success.

A Ministry of Energy spokesperson stated: “The implementation of this solar project is a significant step toward enhancing energy security in Kyrgyzstan. We are committed to working with our partners to ensure its timely completion and integration into the national energy system.”

Kyrgyzstan’s solar energy sector is still emerging, with the International Renewable Energy Agency (IRENA) reporting no installed solar capacity in the country as of the end of 2024. The 1.9 GW project marks a substantial advancement in expanding renewable energy infrastructure in the region.

In a related development, the European Development Bank announced in March 2024 that it would provide up to $210 million in long-term financing for a separate 300 MW solar plant in Kyrgyzstan. This reflects growing international interest in supporting the country’s renewable energy ambitions.

The Kyzyl-Oruk solar project is poised to contribute significantly to Kyrgyzstan’s energy landscape, reducing reliance on traditional energy sources and supporting sustainable development. By leveraging foreign expertise and investment, the initiative aims to establish a robust foundation for the country’s renewable energy future, aligning with global efforts to promote clean energy solutions.