ASTANA, Kazakhstan, July 12. The volume of investments in fixed capital in the green economy sector of Kazakhstan amounted to 201 billion tenge (about $418 million) in 2023, Trend reports.
According to the data from the Bureau of National Statistics, the volume of investments increased by 365 percent year-on-year.
Thus, 199.8 billion tenge (about $415 million) were allocated for activities in the field of renewable energy sources, and 186 million tenge (about $386,000) for activities in the field of energy-saving technologies and increasing energy efficiency.
In addition, 1 billion tenge (about $2.08 million) was allocated to reduce greenhouse gas emissions.
The Abay region attracted the most investments in the green economy in 2023–121.9 billion tenge (about $253.5 million).
Meanwhile, Kazakhstan's renewable energy installations had 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, 16 renewable energy facilities with a total installed capacity of 495.57 MW were put into operation in 2023: 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 Turkistan region.
Hence, a total of 25 renewable energy projects with a combined 599.85 MW of capacity are expected to be commissioned by 2027.