ADB approves loan for 135 MW solar project in Kazakhstan. The project comprises the design, construction, commissioning, and operations and maintenance (O&M) of a 135 MW ground-mounted, solar power plant with single axis tracking system and grid integration for further electricity sale per a fixed tariff.
The project site is in southeastern Kazakhstan, about 3 km south of the town of Shu in the Jambyl Region and will cover 500 hectares. The main project components will include approximately photovoltaic panels, inverters, a substation and a 12 km 220 kV transmission line to the existing 500 kV substation. The total annual output from the project is expected to be 207 gigawatt-hours.
The project is consistent with ADB's Strategy 2030, which includes tackling climate change and enhancing environmental sustainability as among the key operational priorities. ADB's support for the project is also in line with its country partnership strategy for Kazakhstan, 2017 2021, as the project will help foster sustainable green growth in response to climate change by promoting the use of renewable energy sources, and support private sector operations in clean and renewable energy.
Eni SpA and GE Renewable Energy have started the construction of a 48 MW wind project in Kazakhstan. The wind farm, located in northwestern Aktobe Oblast, can generate up to 198 GWh of electricity pe...
Read moreThe EBRD and Joachim Goldbeck Holding GmbH have signed loan and project support agreements for the construction of a 100 MW solar plant in the Karaganda region of Kazakhstan. The financing packa...
Read moreKazakhstan Electricity and Capacity Market Operator (KOREM) has announced that it has contracted 857.93 MW of renewable energy this year through auctions.
Read moreEni SpA will commence the construction phase of its 48 MW Badamsha wind farm located in Kazakhstan’s Aktobe region by the fourth quarter of 2018. Eni took the Final Investment Decisi...
Read moreThree different companies, including Royal Dutch Shell Plc and Russian group Hevel, have won in a solar auction in Kazakhstan. The auction has attracted 28 applications for a total volume of 1,270.2...
Read more