IFC has signed an agreement to support Uzbekistan as it develops a series of utility-scale wind farms, helping the country transition towards clean energy and meet a growing demand for electricity.
IFC will advise Uzbekistan as it structures a public-private partnership (PPP) to mobilize private sector experience and capital to construct and operate up to 500 megawatts wind power plants across Uzbekistan. The project will contribute to Uzbekistan's target of generating 25 percent of its electricity from renewable sources by 2026.