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Kazakhstan, TotalEnergies sign investment agreement on wind power plant construction

Kazakhstan Materials 4 December 2023 18:21 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, December 4. As part of the visit of the President of Kazakhstan Kassym-Jomart Tokayev to the UAE, an Investment Agreement was signed between the government of Kazakhstan and the TotalEnergies company for a project to build a wind power plant with a capacity of 1 GW, Trend reports.

The largest wind energy project, ever initiated in Kazakhstan, will supply more than 1 million people with low-carbon electricity and will avoid the emission of 3.5 million tons of CO2 annually in the country.

The Mirny project envisages building a 1 GW onshore wind farm of up to 160 turbines combined with a 600 MWh battery energy storage system for a reliable power supply. The investments in the project amount to about $1.4 billion.

TotalEnergies will develop the Mirny project in partnership with the Kazakhstan's National Wealth Fund Samruk-Kazyna and the National Company KazMunayGas, which will each own a 20 percent stake in the project.

Meanwhile, by the end of 2022, there are 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 with a total investment of 180 billion tenge (about $374 million).

In 2023, 15 facilities with a total capacity of 276 MW will be commissioned.

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