Strategic management and practice of new energy projects in Central Asia under the ”Belt and Road" Initiative

Abstract

In the context of global climate change response and sustainable development promotion, the energy system is accelerating the transition to clean and low-carbon, and new energy sources have become the core of global energy investment and the new engine of economic growth.The connotation of the “Belt and Road” initiative proposed by China in 2013 has been extended from “hard connectivity” to the field of green development. The green “Belt and Road” focuses on international cooperation such as clean energy and green infrastructure, providing important support for global energy transformation.​

The ”Belt and Road" initiative is highly compatible with the trend of global energy transformation, creating historical opportunities for new energy cooperation between Chinese enterprises and Central Asia.Central Asia is rich in solar, wind, and hydro energy resources, but its energy structure has long been dependent on fossil fuels, its infrastructure is weak, and its transformation needs are urgent.China has mature new energy technology, project experience and capital strength. Cooperation between the two sides can not only help Central Asia achieve energy independence and green development, but also help Chinese enterprises “go global” to expand the market and inject green connotations into the initiative.This research focuses on the new energy projects of Chinese enterprises in Central Asia, and discusses their strategic management models, practical paths and reference values for international cooperation.

Central Asia is located in the hinterland of Eurasia and is the core area of the “Silk Road Economic Belt”, with a key geostrategic position.The region is traditionally known for its oil and gas resources, and at the same time contains huge new energy potential: Kazakhstan and Uzbekistan have plenty of sunshine and are suitable for large-scale photovoltaic and wind power development; Tajikistan and Kyrgyzstan are rich in hydroelectric resources and have the conditions for the development of hydropower and pumped storage.