TotalEnergies Seeks US$250 million Backing for 1GW Kazakhstan Wind Mega-Project
TotalEnergies is seeking finance of up to US$250 million from the European Bank for Reconstruction and Development (EBRD) to support the development and construction of its 1GW Mirny onshore wind farm in Kazakhstan.
The developer and its project partners – NC KazMunayGas JSC and NWF Samruk-Kazyna JSC – plan to install around 140 turbines as well as a 300MW/600MWh battery energy storage system (BESS) in the Zhambyl region in southeast Kazakhstan. The project also includes the construction of transmission infrastructure to evacuate the energy from the facility, including three 500-kV overhead transmission lines of 231km length and the upgrade of the existing 500-kV Shu and Yukgress substations.
The company plans to deploy a combination of Sany and Envision wind turbines with capacities ranging from 6.5MW to 7.7MW, and the battery storage system will be provided by SAFT. In June 2023, TotalEnergies entered into a power purchase agreement to sell the Mirny project’s entire electricity output to Kazakhstan’s government-owned Financial Settlement Center of Renewable Energy. The project is expected to begin generating power in 2028.
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