The World Bank recently approved a $20 million loan facility for Central Asian energy storage projects, with Khujand being a primary beneficiary. Tajik authorities envision scaling up to 500 MWh by 2030, potentially connecting with neighboring Uzbekistan's power grid.
[pdf] The project, considered the world's largest solar-storage project, will install 3.5GW of solar photovoltaic capacity and a 4.5GWh battery storage system. The project has commenced in November 2024.
[pdf] - Ukraine's war-driven energy crisis is accelerating a shift to decentralized renewables, offering $41.5–$50B investment opportunities by 2030. - Tax exemptions, streamlined regulations, and EU-backed blended finance (€166.6M allocated) support solar, wind, and battery storage projects.
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