Kyrgyzstan's Energy Minister: PV And Wind Power Stations Needed To Get Out Of Power Crisis

International Energy Network has learnt that on the date, the Minister of Energy of JI, Iborayev, said that according to the instructions of President Zaparov, JI should get rid of the power crisis by 2026. For this purpose, the construction of photovoltaic and wind power stations is required. Issyk-Kul Oblast in the field of solar and wind energy has a unique advantage, the Ministry of Energy of Kyrgyzstan and many enterprises signed a memorandum of understanding and co-operation agreement, the two sides will strengthen co-operation to accelerate the pace of construction of clean energy power stations.

Kyrgyzstan, a landlocked country in Central Asia, has abundant renewable energy (including hydro, solar and wind). The main source of renewable energy in Kyrgyzstan is hydropower, which accounts for about 90 per cent of the country's total power generation. In addition to hydropower resources, there is great potential for developing solar and wind energy in Kyrgyzstan. With an average of 2,500 to 3,000 hours of sunshine per year, the country is an excellent location for solar power. In addition, Kyrgyzstan's mountainous terrain (with wind speeds of up to 10 m/s in some areas) creates favourable conditions for the development of wind energy. Nonetheless, solar and wind power currently accounts for less than 1 per cent of the country's total electricity generation.

The biggest challenge to the development of new energy sources in Kyrgyzstan is the lack of investment and financing. The development of renewable energy projects requires significant up-front capital, which may discourage domestic and foreign investors.