KAZAKH GREEN ENERGY SECTOR SEES INVESTMENT INCREASE

KAZAKH GREEN ENERGY SECTOR SEES INVESTMENT INCREASE

Investments in Kazakhstan’s green energy industry grew 2.5 times in 2018. Last year, investments in the renewable energy sector totaled 80.2 billion Tenge. Akmola region received 25.7 billion Tenge which is the largest amount of investments. The increase of 94 times is seen in Zhambyl region, where the investments totaled 12.7 billion Tenge. There are 10 renewable energy facilities with a total capacity of 170 megawatts in the region. Atyrau region received nine billion Tenge. About 100 companies from nine countries are investing in projects in Kazakhstan.

SALTANAT RAKHIMBEKOVA, CHAIR, ENVIRONMENT COMMISSION, KAZAKH MINISTRY OF ENERGY

-We have investors from France, the Netherlands, Italy, China and Kazakhstan. Based on the information provided by Kazakhstan’s Energy Ministry, leading oil and gas companies are also joining the renewable energy industry. The total amount of investments in 2019 is expected to reach US$ 600 million or 230 billion Tenge. In 2019, we are planning to launch about 16 renewable energy facilities with the total capacity of 630 megawatts.

A wind power plant ‘Astana EXPO 2017’ with the capacity of 50 megawatts is being constructed in Akmola region at the moment.

Testing of the wind facility continues in Mangystau. The first stage of construction was completed last year. The alternative energy sources are installed on outskirts of the Fort Shevchenko city. There are 24 wind generators. The project worth eight billion Tenge will generate almost 44 megawatts of electricity per day. In general, two wind farms are being built in the Tubkaragan region.

BERDIBEK KARTBAYEV, DIRECTOR, ENERGY DEPARTMENT

-Both wind farms are being built on investors’ expenses. The first project is a wind farm with 43.6 megawatts capacity. (The installation works have been completed). Starting from September 1, construction has begun on another wind farm with the 42 megawatts capacity. Due to these two facilities, electricity will be generated to the entire Fort Shevchenko city.

Last year, five renewable energy facilities were opened in the Zhambyl, Mangystau, Almaty and Karagandy regions. In total, there are 65 renewable facilities in Kazakhstan including 12 wind, 19 solar and 33 hydroelectric power plants as well as one biogas plant.