In a bold stride towards sustainable energy, Kyrgyzstan has inked a landmark investment agreement with RECA LLC—ROX ENERGY GLOBAL (Vietnam) to construct a massive solar power plant in the picturesque Issyk-Kul region. The project, with a planned capacity of up to 1,900 megawatts, is set to transform the energy landscape of Central Asia and propel Kyrgyzstan into a new era of green growth.
The Cabinet of Ministers of Kyrgyzstan and RECA LLC—ROX ENERGY GLOBAL signed the agreement, marking a significant milestone in the country’s long-term strategy for sustainable energy development. “The project will play an important role in the implementation of the long-term strategy of the Kyrgyz Republic for the development of sustainable energy,” stated the press service of the Ministry of Energy. “It will also make a significant contribution to achieving the goals of green growth and the transition to clean energy in the Central Asian region.”
Beyond its energy contributions, the solar power plant promises to catalyze economic growth and technological advancement. The project opens up prospects for attracting investment in green infrastructure, transferring advanced technologies, and creating jobs at the local level both during the construction and operation phases. This aligns with the global shift towards sustainable development, where energy projects are increasingly evaluated not just for their power output, but also for their socio-economic and environmental impacts.
ROX Group, the parent company of RECA LLC—ROX ENERGY GLOBAL, has a proven track record in real estate, finance, and technology. Founded in 1996, the group is actively expanding its international presence. In Kyrgyzstan, the group is already involved in the construction of the Royal Central Park multifunctional complex on the site of the Ak-Kula hippodrome in Bishkek and the reconstruction of the Ai-Peri hotel complex. The solar power plant project in Issyk-Kul region is a testament to the group’s commitment to diversifying its portfolio and contributing to sustainable development.
The project’s location in the village of Kyzyl-Oruk, Toru-Aigyr rural district, is strategic. Issyk-Kul region is known for its abundant sunlight, making it an ideal location for solar power generation. The project is expected to harness this natural advantage to generate clean, renewable energy, reducing the country’s reliance on fossil fuels and mitigating its carbon footprint.
The agreement comes on the heels of a meeting at the Presidential Representative Office in Issyk-Kul region on July 15, where representatives of the Vietnamese company announced their readiness to begin construction in the near future. This swift progression from agreement to action underscores the urgency and commitment of both parties to advance the project.
The solar power plant project is a beacon of hope for the future of energy in Central Asia. It demonstrates that sustainable development is not just a global aspiration but a tangible reality that can be achieved through strategic partnerships and innovative projects. As Kyrgyzstan takes this significant step towards a greener future, it sets an example for other countries in the region and beyond, showing that the transition to clean energy is not only possible but also beneficial for economic growth and social development.
In the words of the Ministry of Energy, this project is more than just a power plant; it is a catalyst for change, a driver of progress, and a testament to the power of international cooperation in achieving sustainable development goals. As the construction begins, the world watches with anticipation, eager to see the transformative impact of this landmark project on the energy landscape of Central Asia.