Uzbekistan has attracted approximately $35bn in foreign direct investment into the energy sector in recent years, as to Deputy Prime Minister Jamshid Khodjaev, who spoke at the opening ceremony of Uzbekistan Energy Week 2026.
Khodjaev stated that as a result of these investments, 9 gigawatts of new generation capacity have been commissioned, bringing the country’s total installed generation capacity to 25.8 gigawatts. Electricity production has increased by nearly 40%, rising from 60 billion kilowatt-hours to 85bn kilowatt-hours.
He noted that these figures reflect broader structural changes in the sector, including the commissioning of new power plants, introduction of new technologies, expansion of employment opportunities, infrastructure development, and improved reliability of energy supply for businesses and households.
According to the Deputy Prime Minister, the government’s objective is to position the energy sector as a key pillar supporting industry, investment activity, regional cooperation, and the transition toward green energy.
Renewable energy development has also expanded in recent years. The installed capacity of solar and wind power plants has exceeded 5.5 gigawatts. Including hydropower, the share of clean energy in the national energy balance has reached 30%. In addition, more than 2 gigawatts of rooftop solar panels have been installed across residential buildings, social facilities, and private enterprises.
During the Energy Week forum, construction was launched on a new energy storage project in the Mirzo Ulugbek district of Tashkent in partnership with the UAE-based AMEA Power company. The project includes a 150-megawatt energy storage system with a capacity of 300 megawatt-hours and has a value of $86.1mn.
Plans were also announced for a 200-megawatt energy storage facility in Gijduvan district of Bukhara region, with a storage capacity of 800 megawatt-hours and a total estimated cost of $200mn, to be implemented in cooperation with the same partner.
In addition, a large-scale wind power project is being developed in the Kungrad district of Karakalpakstan. The project includes a 1,000-megawatt wind power plant and a 40-kilometer transmission line, with a total value of $1.06bn.
According to the Ministry of Energy, these projects are aimed at strengthening national energy infrastructure, expanding renewable energy capacity, and improving the stability of electricity supply.
Under a presidential decree, Uzbekistan plans to further expand renewable energy deployment in 2026 and increase the share of green energy in total generation to over 50% by 2030. The program also includes the construction of new power plants and energy storage facilities, as well as the development of 7,000 kilometers of main transmission lines with digital management systems.
The modernization plan also provides for balancing regional electricity supply by redistributing power between regions when needed. Over the next five years, approximately $4bn in investment is planned for the development of the national transmission system company.
