The World Bank Group, Abu Dhabi Future Energy Company PJSC (Masdar), Asian Development Bank (ADB) and the Government of Uzbekistan signed a loan and guarantee agreements to finance 100 MW solar photovoltaic power plant to ensure security and fight climate change. 

The plant's 300,000 photovoltaic panels near the city of Navoi are expected to start producing power directly to the national electric network in 2021. It will produce 270 gigawatt hours per year of electricity from solar energy resources and will reduce the Uzbekistan GHG emissions. Therefore, Uzbekistan will reduce its reliance on coal and gas as power source.

The plant will be constructed and operated by the "Nur Navoi Solar", an enterprise owned by Masdar, a UAE renewable energy company that won the first competitive public-private tender in 2019.