Uzbekistan Gets $110M For 100-Megawatt Solar Power Plant

Law360, New York (November 22, 2013, 6:03 PM EST) -- The Asian Development Bank said Friday it will provide a $110 million loan toward building a 100-megawatt solar power plant in Samarkand, Uzbekistan, as the country looks to use more renewable energy.

Right now, nearly 90 percent of the country's power is generated in fossil-fuel-based plants, according to a Friday statement from the ADB. The proposed Samarkand project, which is expected to be completed by March 2019, should help Uzbekistan move toward that goal, and will also help the country deal with power outages and cut...
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