Uzbekistan, Kazakhstan, and Azerbaijan signed a Strategic Partnership Agreement focused on green energy development and transmission on November 13 at COP29 in Baku.
In his address at COP29, President of Uzbekistan Shavkat Mirziyoyev underscored the environmental and social responsibility driving this partnership. “Renewable energy is not merely an economic goal,” he stated. “It is a commitment to our future, stemming from our responsibility to future generations.”
The project’s ecological impact is at the forefront, with an emphasis on reducing regional carbon footprints through renewable sources. “We are signing a multilateral agreement to deliver ‘green’ energy to Europe,” Mirziyoyev announced ahead of the signing ceremony. The energy generated from wind and solar power will enable the three countries to align with the Paris Agreement and support the United Nations Sustainable Development Goals.
Uzbekistan’s green energy expansion was a focal point of the discussion, with President Mirziyoyev outlining the country’s progress. “We are increasing the share of ‘green’ energy to 40%,” he shared, emphasizing the scale of ongoing initiatives.
“We are creating clusters for electric vehicles and ‘green’ hydrogen, as well as solar and wind generation hubs.” Mirziyoyev continued, “We have an ambitious program to drive green energy growth forward. Annually, we add around two gigawatts of solar and wind power capacity.”
By year’s end, Uzbekistan will connect an additional 2.6 gigawatts of renewable generation to the grid, alongside 300 megawatts of energy storage systems. By 2030, Uzbekistan plans to have renewables account for 40% of its energy mix, with storage capacity reaching 4.2 gigawatts.
The benefits of the project are expected to extend beyond environmental impact. “This project will create tens of thousands of jobs, develop our energy infrastructure, and strengthen business and technological connections, ultimately raising the standard of living for our people,” Mirziyoyev added.
The three countries are committed to accelerating the project, with priorities including establishing a joint venture, developing technical documentation, and advancing implementation procedures.
At the EuroUz European Economic Days event in Tashkent, Uzbekistan's Deputy Energy Minister, Umid Mamadaminov, announced plans to export 10-15bn kWh of electricity to Europe by 2030 through a green energy corridor, leveraging the country's growing energy generation capacity and infrastructure development.
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