ASTANA, Kazakhstan, September 30. At a meeting of the heads of state of Central Asia with representatives of the Eastern Committee of the German Economy, Kazakhstan's president Kassym-Jomart Tokayev stated that his country hopes to draw more than $600 billion in investments in green technologies., Trend reports.
Tokayev brought the attendees' specific attention to the necessity of teamwork in the areas of sustainable development and the green economy.
"Kazakhstan is prepared to take all necessary steps to advance the regional climate agenda. We cordially welcome our German counterparts to attend the Regional Climate Summit, which the UN will be hosting in Kazakhstan in 2026. By the year 2060, we intend to become carbon neutral. However, in order to do this, the economy would need to be dramatically modernized and more than $600 billion will need to be invested in green technologies," he added.
The provision of hydrocarbon raw materials, enhancing global food security, and collaboration in the transit, transport, and financial realms are other important areas of contact, according to the leader of Kazakhstan.
Tokayev concluded by expressing hope that the outcomes of this summit will provide new opportunities for economic collaboration between Germany and Central Asian nations.
By the end of 2023, there will be 130 renewable energy facilities operating in Kazakhstan with an installed capacity of 2,400 MW (46 WPPs – 958 MW; 44 SPPs – 1148 MW; 37 HPPs – 280 MW; 3 BioPPs – 1.77 MW).
At the end of 2022, the volume of renewable energy production amounted to 5.11 billion kWh (wind farm - 2.4 billion kWh; solar power plant - 1.76 billion kWh; hydroelectric power station - 934 million kWh), or 4.53 percent of the total volume of electrical energy production. In 2023, this figure will reach 5 percent.
Last year, 12 renewable energy facilities were commissioned with a total capacity of 385 MW and a total investment of 180 billion tenge (about $374 million).
In 2023, 15 facilities with a total capacity of 276 MW will be commissioned.