Kazakhstan builds 5GW renewable energy project in phases

    The official website of the Prime Minister of Kazakhstan announced on November 9 that Prime Minister Ma Ming of Kazakhstan presided over a meeting of the Investment Headquarters on the same day to study the progress of investment projects in the fields of Sun Solar Systems renewable energy and health care. The Minister of Energy of Kazakhstan Mirzagaliev and the President of Samruk Kazena State Wealth Fund Company Satkalyev made work reports respectively.

    According to reports, since 2014, Kazakhstan has attracted a total of 780 billion tenge of investment in the renewable energy sector. Among them, 150 billion tenge will be introduced from January to September 2021. A total of 126 renewable energy power stations have been built and put into operation, with a total installed capacity of 1975 MW, and more than 2,000 fixed jobs have been created. Solar power generation accounts for 41% of renewable energy power generation, followed by wind power generation (35%) and small hydropower (23.8%). It is planned to increase the proportion of renewable energy power generation from the current 3% to 15% by 2030. To achieve this goal, it is necessary to build new renewable energy projects with a total installed capacity of 7 gigawatts, attracting a total of 3 trillion tenge of investment.

    At present, the Kazakh government has reached an agreement with Abu Dhabi Holding Company (ADQ) in the UAE and Total Energies of France (Total Energies), and plans to build a renewable energy project with a total installed capacity of 5 gigawatts in Kazakhstan in stages over the next 10 years. The implementation of the aforementioned cooperative projects can reduce greenhouse gas emissions by 8 million tons, add 20 billion kWh of green energy power generation, and create 3,000 jobs. In order to create favorable investment conditions, in the future, based on the settlement and financing center of the State Grid Corporation of Kazakhstan, in accordance with the "single window" principle, it will be responsible for the signing of power purchase contracts between renewable energy producers and consumers, while simplifying arbitration procedures and maintaining investment Interests.

    The Minister of Health of Kazakhstan Alexei Cui reported on the implementation of the medical and health infrastructure investment projects. It is planned to build 20 multifunctional general hospitals and 2 multidisciplinary general outpatient hospitals by 2025. Representatives of investment companies, local governments and central state agencies respectively reported on The progress of the construction of hospitals in Da, Kokshetau, Pavlodar, Taraz, Almaty and other places.

    Ma Ming asked to ensure the timely and high-quality implementation of investment projects in the renewable energy and medical and health sectors, and required all government departments, local governments and quasi-state departments to continue to carry out systematic work on attracting capital.