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Spain sees Kazakh renewable energy market highly appealing - MFA (Exclusive)

Kazakhstan Materials 17 April 2024 18:13 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, April 17. Spain sees the Kazakh renewable energy market as very attractive, a source at Spain's Ministry of Foreign Affairs, European Union, and Cooperation told Trend.

"Spanish renewable energy firms use cutting-edge technology. We support any endeavor by local governments to generate energy using alternatives to gas or oil. The Kazakh market is still a market to be investigated, but it is of course quite intriguing, especially at this moment when we have seen that it is vital to diversify energy sources and develop an energy system that is long-term sustainable and respectful of our diversity," the source said.

Meanwhile, Kazakhstan's renewable energy installations generated 6.675 billion kWh of electricity by the end of 2023. This volume accounts for 5.92 percent of total electrical energy production in 2023.

The country currently has 147 renewable energy facilities (over 100 kW) with an installed capacity of 2,903.54 MW: 59 wind power plants with a capacity of 1,409.55 MW; 46 solar power plant facilities with a capacity of 1,222.61 MW; 39 hydroelectric power plants with a capacity of 269.605 MW; and three biogas power plant facilities with a capacity of 1.77 MW.

Furthermore, by the end of 2023, 16 renewable energy facilities with a total installed capacity of 495.57 MW had been operational: 12 wind farms with a total capacity of 437.1 MW in the Akmola and Zhetysu regions, 2 hydroelectric power plants with a total capacity of 3.7 MW in the Almaty and Turkestan regions, and two solar power plants with a capacity of 54.77 MW in the Turkestan region.

By 2027, 25 renewable energy projects worth 599.85 MW are scheduled to be operational.

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