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A consortium of renewable energy companies is looking to put $1 billion into two wind farms in southern Kazakhstan. Kazakhstan relies quite a bit on imported electricity and these projects would be a tremendous help in giving it more energy independence.

Clean Power

$1 Billion Going into 2 Wind Farms in Kazakhstan

A consortium of renewable energy companies is looking to put $1 billion into two wind farms in southern Kazakhstan. Kazakhstan relies quite a bit on imported electricity and these projects would be a tremendous help in giving it more energy independence.

kazakhstan mountains

A consortium of renewable energy companies is looking to put $1 billion into two wind farms in southern Kazakhstan. Kazakhstan, especially its southern region, relies quite a bit on imported electricity — these projects would be a tremendous help in giving it more energy independence.

Investors are expecting that 600 MW of capacity will be created from the two wind farms (400 MW at Zhanatas and 200 MW at Shokpar). Both projects will be in the Zhambyl region and the construction time frame for the projects is expected to be about 2 years.

“Central Asia Green Power, a joint venture between Kazakh private equity company Visor Group and the Turkish subsidiary of Italy’s Relight Group, would undertake a feasibility study into the project,” Robin Paxton of Reuters reports. Central Asia Green Power and state grid company KEGOC recently signed a memorandum detailing the plans.

kazakhstan almaty mountains

Kazakhstan has considerable oil and uranium resources (it is looking to develop a nuclear fuel cycle based on its uranium reserves), but it also has great areas for generating wind energy, particularly in this region of the country, which has to get a huge amount of its electricity from other areas.

“In southern parts of the country, Kazakhstan is energy deficient. They have to import energy from other parts of Kazakhstan and from the other side of the border,” said Visor Group director Imraan Mohammed.

“This project will help the region to become energy self-sufficient.”

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Images via Irene2005

 
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Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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