China's Universal Energy to build wind power plants in Uzbekistan

The Chinese company Universal Energy will implement a project to build two wind power plants in Samarkand and Jizzakh regions.

Report informs citing Uzbek media that investment agreements were signed between Uzbekistan and Universal Energy on January 25, 2024 during the official visit of the head of Uzbekistan to China.

The projects are designated Alpha and Beta.

Universal Energy created subsidiaries Peak Wind Alpha and Peak Wind Beta to carry out the project.

According to the plan, the Chinese company will build two wind power plants with a capacity of 250 MW each. The total amount of investment for these projects will be US$500 million (US$250 million for each project).