BAKU, Azerbaijan, May 16. Uzbekistan has adopted a system of green energy certificates, Trend reports, citing the press service of the President of Uzbekistan.
Following the adoption of the decree of President Shavkat Mirziyoyev "On measures for the implementation of the Green Energy Certificate System", the system confirming the generation of electricity using renewable energy sources will be gradually introduced in various fields.
Thus, from July 1, 2023 the system will be adopted for electricity generated at hydroelectric power plants of the Uzbekhydroenergo JSC, hydroelectric power producer, then, from October 1, 2023 - for electricity generated by solar, wind and hydroelectric power plants.
One green energy certificate confirms the generation of 1,000 kWh of electricity. The adoption of this system is being implemented by the Ministry of Economy and Finance.
At the same time, according to the decree, the income of generation facilities received from the sale of green energy certificates based on the use of renewable energy sources is exempt from income tax.
Meanwhile, the newly deployed capacity of renewable electricity put into operation in Uzbekistan will be 2,000 MW by the end of 2023, President of Uzbekistan Shavkat Mirziyoyev said at the opening of the second Tashkent International Investment Forum (ТIIF-2023) on April 27.
According to Mirziyoyev, Uzbekistan has outlined the development of electricity production through renewable energy sources as one of the main directions of the economy.
"Over the next three years, this figure will quadruple - up to eight MW," he noted.