The President signed Law No. ZRU-906 dated 02/07/2024 “On introducing additions and changes to certain legislative acts of the Republic of Uzbekistan in connection with the further development of the use of renewable energy sources.”
In accordance with the amendment made to the Tax Code, income from the sale of “green energy” certificates of generation facilities based on the use of renewable energy sources is income not taken into account when taxed with income tax.
For reference: a “green energy” certificate is an electronic document confirming the production of electrical energy using renewable energy sources.
Connection of electricity generated using renewable energy sources with a capacity of 300 kW and above to a unified electric power system is carried out only after registration of these sources with a specially authorized government agency.
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