The Kyrgyz Republic has signed a major investment agreement with Vietnamese firms Rox Energy Global and RECA LLC to develop a 1.9 GW solar power plant in the Issyk-Kul region, marking a significant milestone in the country’s clean energy ambitions.
The agreement was formalized by Kyrgyzstan’s Cabinet of Ministers and the Ministry of Energy as part of a strategic initiative to enhance national energy security. The project, set to be constructed in Kyzyl-Oruk village, is scheduled for completion by 2027.
According to the Ministry of Energy, the plant will be among the largest solar installations in Central Asia once operational. It is expected to contribute substantially to Kyrgyzstan’s energy independence and grid diversification. The project is currently in its early development stages and will be implemented entirely through foreign investment.
During the agreement signing, discussions were also held on key implementation issues, including land allocation, grid connectivity, and state support mechanisms.
Kyrgyzstan’s solar energy sector is still in its nascent phase. According to the International Renewable Energy Agency (IRENA), the country had zero megawatts of installed solar capacity as of the end of 2024. This new initiative signals a significant shift toward large-scale renewable energy adoption.
In a related development, the European Bank for Reconstruction and Development (EBRD) announced in March 2024 a commitment of up to $210 million in long-term financing for the construction of a separate 300 MW solar power plant, further underscoring growing international interest in Kyrgyzstan’s renewable energy potential.
With favorable solar irradiance and strong backing from foreign investors, Kyrgyzstan is positioning itself to become a regional player in utility-scale photovoltaic energy in the coming years.
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