J.Batbayasgalan, Deputy Ulaanbaatar Mayor, responsible for Green Development and Air Pollution, has signed a Memorandum of Understanding on renewable energy with Mr Tatsuya Sato, General Secretary of the Sharp corporation. Japan's electronics giant Sharp Corp. will build a 20 megawatt solar power plant in the Baganuur district of Ulaanbaatar.

Upon completion, the new Baganuur plant will supply clean energy with significantly reduced greenhouse gas emissions. Despite its huge potential for developing solar and wind power, Mongolia, still relies heavily on traditional coal-fired power plants.