ERG plans to build a 155 MW onshore wind project in Kazakhstan
Eurasian Resources Group (ERG) plans to develop and construct a 155 MW wind project that will be located near the town of Khromtau in Aktobe, Kazakhstan.
The project will require about KZT100 billion (US$209.68 million) of investment and will generate enough power for the consumption of ERG’s Kazchrome Donskoy GOK plant. The wind facility will be built on over 150 ha of land and is expected to offset 520,000 tons of CO2 emissions annually.
The construction of the project is expected to generate 300 jobs. ERG targets to start the commercial operation of the project by 2024.
Country news
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November 08, 2021
Total Eren signs MoU for 1 GW wind complex in Kazakhstan
Total Eren has signed an MoU with the Ministry of Energy of the Republic of Kazakhstan, the National Wealth Fund Samruk-Kazyna, and the National Company KazMunaiGas.
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November 02, 2018
Kazakhstan awards over 850 MW capacity in 2018 renewables auctions
Kazakhstan Electricity and Capacity Market Operator (KOREM) has announced that it has contracted 857.93 MW of renewable energy this year through auctions.
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May 23, 2018
50 MW solar project in Kazakhstan secures funding from EBRD and ADB
United Green, a privately-owned strategic investment group, has secured a debt financing package to fund the construction of a 50 MW solar power plant in Baikonur in central Kazakhstan from the European Bank for Reconstruction and Development (EBRD), Clean Technology Fund (CTF) and the Asian Development Bank (ADB).
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January 23, 2018
EBRD to finance 14 MW Zadarya solar project in Kazakhstan
The EBRD is supporting French company Urbasolar SAS in its plans to build a 14 MW solar power plant in Kazakhstan. The Zadarya solar park will be located in the South Kazakhstan region, near the city of Shymkent.
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July 06, 2017
EBRD to back another 50-MW Kazakh solar project
The European Bank for Reconstruction and Development (EBRD) has announced the signature of a mandate letter for the co-financing of a new solar plant in Kazakhstan near the world-famous space centre in Baikonur.
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