Construction of the solar power plant in Balikchy has entered the TOP-5 largest energy projects in Eurasia with Asian investments

Юлия Воробьева Exclusive
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- According to the EDB report (2026), the electricity sector shows a noticeable growth in mutual investments in the countries of Eurasia and Asia.

The reasons for the increase in foreign investments in this sector include:
the rise in domestic demand for electricity in the countries of the region;
the beginning of the energy transition, including the implementation of new projects based on renewable energy sources.
The most significant new electricity projects with accumulated investment volumes by the end of the first half of 2025
ProjectVolume of accumulated FDI
1Construction of a CHP plant in the Kashkadarya region (Uzbekistan) with the participation of Mubadala (UAE) and TAQA (UAE)$1 billion
2Creation of a wind farm in Karakalpakstan (Uzbekistan) with the contribution of ACWA Power (Saudi Arabia)$775 million
3Construction of a wind farm in Karakalpakstan (Uzbekistan) with the participation of Sany Renewable Energy (China)$720 million
4Solar power plant in the Namangan region (Uzbekistan) with the participation of Tepelen Group (UAE)$350 million
5Construction of a solar power plant in Balykchy (Kyrgyzstan) with the involvement of Chinese investors$290 million

Additional information:

Within the framework of this report, the countries of Asia include: Afghanistan, Vietnam, India, Iran, Indonesia, China, Turkey, as well as the countries of the Persian Gulf — Bahrain, Qatar, Kuwait, UAE, Oman, and Saudi Arabia.

The Eurasian region includes 13 countries: Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Mongolia, Russia, Tajikistan, Turkmenistan, Uzbekistan, and Ukraine.

Central Asia consists of 5 states: Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan.
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