As part of the International Energy Investment Forum in Vienna, the Ministry of Energy and the Ministry of Economy and Commerce of Kyrgyzstan signed an agreement with the International Finance Corporation (IFC) on implementation of two solar power plant projects. The press service of the Ministry of Economy reported.
Kyrgyzstan partners with the IFC to develop new solar power plants in Batken and Talas, aiming to power over 125,000 homes and advance its renewable energy goals.
The Kyrgyz Republic is making significant strides in solar energy development. The recent signing of a memorandum of understanding between the Ministry of Energy and the Ministry of Economy and Commerce with the International Finance Corporation (IFC) marks a key step forward in the second phase of a major solar power project.
The second phase of the tender is expected to commence soon. The solar energy project aligns with Kyrgyzstan''s Energy Sector Development Strategy, which aims to develop 1,500 MW of renewable energy by 2035.
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Kyrgyzstan partners with the IFC to build new solar power plants in Batken and Talas, aiming to power over 125,000 homes and advance its renewable energy goals.
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