Azerbaijan, Baku, July 9 / Trend E. Kosolapova/
German investors are planning to allocate funds to several energy saving projects in Southern Kazakhstan, Kazinform reported.
The Kazakh-German joint venture 'Ontustik Green Energy' plans to build an LED lighting equipment plant in South Kazakhstan. Additionally a solar station will be launched in 2013 in this area.
The joint venture also plans to implement a social project '1000 roofs'. The residents of the southern regions of the country will have the opportunity to lease solar panels within this project.
Earlier the Kazakh president approved a Concept-2050 which envisages transition to a 'green' economy. According to the concept, renewable and alternative energy sources will provide 30 per cent of all energy produced in Kazakhstan in 2030 and 50 per cent of all energy produced in Kazakhstan in 2050. The concept on Kazakhstan's transition to a 'green economy' has been implemented since June 1.