GE to supply 50 MW wind project in Kazakhstan
Eni and GE Renewable Energy have announced that GE will supply 13 of its 3.8-130 onshore wind turbines, with a hub height of 85m, 3.8MW of power and a 130m rotor, for the Badamsha project in Kazakhstan. With 48 MW capacity, the plant will increase the country’s wind capacity by 25%.
The Badamsha plant, located in the north-west region in the Aktobe oblast, represents Eni’s first large-scale investment in wind power and GE’s first wind onshore plant in Kazakhstan. It is expected to commence operations by the end of 2019.
The plant represents the first concrete achievement of the Memorandum of Understanding (MoU) that Eni and GE signed with the Ministry of Energy last year, supporting the country's ambitious goal to procure 50% of its energy from renewable sources by 2050.
Country updates
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September 17, 2018
EBRD provides 42.5M for 63 MWp solar project in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) is providing USD 42.5 million in debt to Risen Energy Co Ltd for the 63 MWp Chulakkurgan photovoltaic solar project in Kazakhstan. Th...
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August 29, 2018
EBRD to finance two solar projects in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) is planning to finance two solar projects in Kazakhstan. The projects involved are the: 100 MWp solar photovoltaic project...
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August 21, 2018
EBRD to consider financing 30 MW solar project in Kazakhstan
The European Bank of Reconstruction and Development (EBRD) has disclosed that it is considering a EUR31 million (US$35.5 million) loan for a 30 MW solar project in Kazakhstan. Project sponsors&n...
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June 13, 2018
Eni has teamed up with General Electric to build the wind project which is expected to brought online by the end of 2019
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June 06, 2018
EBRD has arranged a financing package for the project, which includes a local currency loan of up to US$22 million in KZT equivalent, a loan of up to US$5.8 million loan from the Clean Technology Fund (CTF) and up to US$4.2 million loan from the Green Climate Fund (GCF)
