Eging PV Technology is ready to construct a 200 MW photo voltaic facility within the Panj Free Economic Zone in Khatlon province, Tajikistan.

Earlier this week, Eging PV Technology Co signed a memorandum of understanding with Tajikistan’s Ministry of Economic Development for the development of the venture.

The venture will proceed in 4 phases, the place the primary stage entails the development of a photo voltaic plant on a 250-hectare web site after a $150 million funding. According to a press release from the Tajik ministry, the full funding in all 4 phases will quantity to $1.5 billion.

Also this week, Tajikistan’s President Emomali Rahmon laid the inspiration stone for the development of the nation’s first photo voltaic tools manufacturing plant within the Danghara Free Economic Zone, Khatlon province. The manufacturing unit, anticipated to value $2 million, is receiving funding from South Korea’s Global Solar Wafer.

Construction is scheduled to start in July, with the primary of 4 phases deliberate to be accomplished by March 2025. The preliminary manufacturing capability of the plant is predicted to face at 5,000 MW, in keeping with a press release from the presidential press service . When absolutely operational, it is going to present 8,000 jobs, with 95% allotted to Tajik residents.

In October 2023, plans had been introduced for 500 MW of renewables in Tajikistan, together with floating PV installations. The nation has set a goal to generate 1 GW of power from renewable sources by 2030.

According to the International Renewable Energy Agency (IRENA), Tajikistan is not going to have any put in PV capability by the tip of 2023.

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