We are pleased to present the Uzbekistan chapter of the first edition of the global report “Taxation of Renewable Energy – 2025”, prepared by KPMG. This year, the report has been expanded to cover not only wind energy but also other areas of renewable energy — including solar, geothermal, and hydropower.
Uzbekistan’s green energy sector is developing rapidly, driven by the government’s strategic objective to increase the share of renewable energy to 54% of the national energy mix by 2030, reaching an installed capacity of 27 GW. The country’s focus is primarily on solar and wind power development, alongside modernization of its hydropower infrastructure. These initiatives are supported by public–private partnerships and aim to meet growing domestic demand while positioning Uzbekistan as a potential exporter of green energy to regional markets.
This report provides a brief overview of the existing tax environment in Uzbekistan as it relates to renewable energy production. We thank all experts and colleagues who contributed to the preparation of this material. The Uzbekistan team contributed to the preparation of KPMG’s global report on the taxation of wind power.
You can access the full global report here:
Taxation of Renewable Energy – An International Survey.
