Canada-based utility-scale solar power plant developer SkyPower has signed a new power purchase agreement (PPA) with the Government of Uzbekistan for 1GW of new solar power capacities to be built across the country.

The new solar power plants will be developed with around $1.3bn foreign direct investment to be made in Uzbekistan.

Development of the plants will represent the largest foreign direct investment in Uzbekistan and the first public-private partnership between the country and a North American company.

In order to build the solar plants, SkyPower will work together with Uzbekistan’s state-owned utility Uzbekenergo.

Uzbekistan President Shavkat Mirziyyoyev has also signed a decree to show the government’s full support of the project and sovereign guarantees.

SkyPower CEO Kerry Adler said: “There are still more than a billion people globally without access to energy services, and our mission is to bring solar power to people who need it most.

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“This is a historic partnership that will benefit both the Government of Uzbekistan and SkyPower, and we are happy to be building Uzbekistan’s first solar power installation.

“Uzbekistan is a country that holds tremendous opportunities for foreign investors under the vision for growth and expansion of President Mirziyoyev.”

Once developed, the new solar power plants are expected to contribute around $2.9bn to Uzbekistan’s gross domestic product and create thousands of jobs.

The output will eventually allow Uzbekistan to generate nearly 10% of its total renewable energy and help reach the country’s commitments to the 2030 Paris Climate deal.