At the end of 2023, the Office of thePresident of Uzbekistan and the Ministry of Energy held a ceremony to initiatethe integration of new energy investment projects into the grid. UzbekistanPresident Mirziyoyev and Uzbekistan Prime Minister Abdullah Aripov attended.

At the event, Mirziyoyev and members of theStanding Committee of the China Energy Construction Party jointly pressed thestart button to congratulate China Energy Construction on investing in theconstruction of the first phase of the 1 GW photovoltaic project in Uzbekistan,which is a 400 MW on grid power generation project. This marks the milestoneachievement of the largest photovoltaic project invested by Chinese enterprisesoverseas, laying a solid foundation for achieving full production and powergeneration in 2024.

The 1 gigawatt photovoltaic project inUzbekistan is invested by China Energy Engineering Gezhouba InvestmentCorporation, including the 500 MW photovoltaic projects in Buzhou and Kazhou.The Kazhou project is jointly contracted and constructed by China EnergyConstruction Tianjin Electric Power Construction and Northeast Institute, whilethe Buzhou project is contracted and constructed by China Energy ConstructionGroup, with Xinjiang Institute participating in the design.

The project is the first large-scale newenergy project invested and constructed by Chinese enterprises in Central Asiaafter the China China Asia Summit in May 2023, and also the largestphotovoltaic project invested and constructed by Chinese enterprises in CentralAsia under the background of the "the Belt and Road". During theconstruction and operation period of the project, approximately 1600 new jobopportunities can be created locally; After operation, the annual powergeneration can reach about 2.4 billion kilowatt hours, and it is expected toreduce carbon dioxide emissions by 2.4 million tons annually, equivalent tosaving 520 million cubic meters of natural gas.

President Mirziyoyev congratulatedUzbekistan on the first phase of the 1 gigawatt photovoltaic project with 400megawatts of grid connected power generation, admired the construction speed ofthe project, and highly praised China Energy Engineering Corporation for itscontribution to promoting Uzbekistan's energy structure transformation andeconomic and social development. He said that the grid connection of theproject will provide sufficient green and clean power for the local area, whichis of great significance for promoting social and economic development. It isan important achievement of the joint construction of the "the Belt andRoad" between China and Uzbekistan, and an important manifestation of thehigh-level comprehensive strategic partnership and high mutual trust betweenChina and Uzbekistan.

A member of the Standing Committee of theParty Committee of China Energy Construction said that with the high attentionand support of President Mirziyoyev, the project successfully achieved thefirst phase of the project, creating a construction record of China's overseasmarket. In the future, CNPC will continue to provide first-class technology,products and services, and make new and greater contributions to therealization of the "New Uzbekistan" planning goals and high-quality"Belt and Road".