/23rd December 2020, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable long-term overview of the country's photovoltaic sector for the next long term period 2020 ÷ 2030. Because of cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria and Italy after 2012, the Republic of Uzbekistan represents a stable investment environment in CIS region with clear rules and auction (tender) procedure. Current cumulative installed PV capacity in the country is insignificant, but a number of solar projects will promptly increase in 2020 and next years.

First large scale solar photovoltaic power projects have been announced, whilst the pipeline of over 2,500 MW (2.5 GW) solar project pipeline is progressing in different stages of permitting process. Auction (tender) procedure for solar energy in Uzbekistan is expected to pave the way for fast further growth of the solar PV market in the country. The report provides a complete picture of the market situation, dynamics, current issues and future prospects.

With its abundance of natural gas and oil resources, the energy sector of Uzbekistan is heavily dependent on non-renewable resources. The prevailing part of Uzbekistan's energy mix has thermal power plants (83% run by natural gas, 10% by heavy oil and 7% by coal. Total installed generation capacity is 12.7 GW. Uzbekistan has an ambitious plan to upgrade and increase capacity.

The power sector in Uzbekistan is vertically integrated. The sector is monopolised through the state-owned company Uzbekenergo (in charge of electricity generation, transmission and distribution and heat/thermal energy supply). Uzbekenergo operates under the supervision and regulation of the Cabinet of Ministers and the Ministry of Finance. Uzbekenergo has 54 subsidiary companies responsible for generation, transmission and distribution of electricity. Out of these 54 enterprises, 11 are unitary state enterprises, 41 are open joint-stock companies and two are limited liability companies. This structure has been kept to allow private or public investment in some of the sectors. However, most of the ownership at present is with the government. Currently, Uzbekenergo owns 10 thermal power plants and 28 hydropower plants, which account for almost 97% of the power consumption.

The report provides a complete picture of the market situation, dynamics, current issues and prospects. You will find more than 120 pages of valuable information in this unique, in-depth analysis of the Uzbekistan photovoltaic market. You will receive an overview of how the COVID-19 (Coronavirus) will impact it. This report brings clear and concise insights to help investors in their decision-making process with comprehensive market data. As 2020 was a challenging year for the photovoltaic industry, the time for making the right decisions during 2021 and the next years is limited. A fast-changing market environment with falling module prices requires relevant and accurate information. For your convenience, we offer the opportunity for orders with customized report content. Reasons to buy this market report include:

- Overview of the Uzbekistan political and economic environment
- Solar resource potential in Uzbekistan
- Financial Model and Analysis of 5 MW Photovoltaic (Solar PV) Power Plant investment in Uzbekistan (IRR, WACC, Payback, NPV, Cash Flow, etc.)
- Over 55 charts, tables and maps
- Overview of Uzbekistan photovoltaic market development 2010 ÷ 2030
- Grid-connected photovoltaic installations
- Future market trends and planned photovoltaic projects for 2020 ÷ 2030
- Market prices of fully permitted and operational photovoltaic projects
- Uzbekistan legal and energy regulatory framework for renewable projects
- Key companies and competitive landscape in the photovoltaic sector
- Review of most relevant financing and supporting incentives
- SWOT Analysis (detailed in 5 pages)

This report is essential reading for you or anyone interested in the fast-growing Uzbekistan Solar Power Market, including investment trends overview, competitive landscape and forecasting how investment volume in this market will develop over the next ten years. This report provides a comprehensive analysis of existing mechanisms supporting solar energy use in Uzbekistan and highlights the challenges and opportunities associated with their developments. 

Purchasing this report will help your company recognize important market opportunities and understand the possibilities for investment in this area and will receive an overview of how the COVID-19 (Coronavirus) will impact the market. The author of this report, Renewable Market Watch™, has distinguished itself throughout the years by publishing unbiased reports on the development of global renewable energy markets. For your convenience, we offer the opportunity for orders with customized report content. 

The more information and answers to your questions about Uzbekistan Solar Power market and related content you may read here: Uzbekistan Solar Photovoltaic (PV) Market Outlook 2020 ÷ 2030 

For a better understanding of the benefits of using our reports, you may read here: Benefit List - Reports of Renewable Market Watch - 2020

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