Image: Tajikistan Ministry of Economic Development and Trade
Eging PV Technology will build a 200 MW solar power plant in 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 construction of the project.
The project will take place in four phases, with the first phase involving the construction of the solar power plant on a 250-hectare site, following an investment of $150 million. According to a statement from the Tajik ministry, total investments in all four phases will amount to $1.5 billion.
Also this week, Tajikistan President Emomali Rahmon laid the foundation stone for the construction of the country’s first solar equipment manufacturing plant in the Danghara Free Economic Zone, Khatlon province. The factory, which is expected to cost $2 million, will receive investments from South Korea’s Global Solar Wafer.
Construction is expected to begin in July and the first of four phases is expected to be completed by March 2025. The plant’s initial production capacity is expected to reach 5,000 MW, according to a statement from the President’s press office. Once fully operational, it will create 8,000 jobs, 95% of which will be for Tajik citizens.
In October 2023, plans were announced for 500 MW of renewable energy sources in Tajikistan, including floating PV installations. The country has set a target of generating 1 GW of energy from renewable sources by 2030.
According to the International Renewable Energy Agency (IRENA), Tajikistan had no installed PV capacity at the end of 2023.
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