Sunview Group Berhad's, wholly-owned subsidiary, Fabulous Sunview Sdn Bhd, has signed a heads of terms agreement with the Government of the Republic of Uzbekistan through the Ministry of Energy.

This agreement outlines preliminary terms for the development of solar photovoltaic (PV) power plants and battery storage energy system (BESS) projects in Uzbekistan.

In a Bursa Malaysia filing today, the renewable energy company specialising in engineering, procurement, construction, and commissioning said under the heads of terms, Sunview will establish a special purpose company in Uzbekistan.

This entity will be responsible for financing, constructing, owning, operating, and maintaining a 400 MWAC solar PV power plant in the Andijan region and a 200 MWAC solar PV power plant in the Fergana region.

Both plants will operate under a 25-year power purchase agreement (PPA), starting from their scheduled commercial operation dates.

Following the PPA term, Sunview will either transfer ownership of the plants or decommission them.

The Government of Uzbekistan will support the projects by providing essential services such as land leases and regulatory approvals necessary for their successful execution.

Additionally, Sunview will develop a 100MWAC/200MWh BESS near the Andijan region plant, with a tenure of 12 years.

Sunview Group Berhad, Group Executive Director and Group Chief Executive Officer HP Ong said, "The agreement marks a significant milestone in our journey towards achieving a net-zero and sustainable energy landscape. We are excited to undertake this transformative project in Uzbekistan, showcasing our expertise in the solar energy industry and our commitment to sustainable development and international cooperation. Our goal is to contribute positively to Uzbekistan's energy sector and promote a greener future for all."