Kazakhstan solar container project

What is Kazakhstan's largest solar project?

Kazakhstan’s largest solar project – a 100 MW field in Saran, Karaganda Province – was opened last year by a German company, also with EBRD backing. Russian engineers doubled capacity at the EBRD-backed Burnoye plant in Zhambyl in 2018.

Is Kazakhstan a good place to invest in solar power?

Kazakhstan has remarkable solar potential with a very well-designed auction system, a clear renewable capacity addition schedule, and a solid decarbonisation target. The country is now also including storage systems as part of its public procurement strategy in a move that will ease further integration of renewables into the grid.

How big is solar capacity in Kazakhstan?

Back in 2015, Astana was predicting installed solar capacity by the end of 2020 to reach 714 MW. A government report last month said solar capacity had reached 467 MW. Indeed, renewables are still small fry in Kazakhstan. Today solar accounts for 56 percent of the country’s total renewable capacity.

How much energy does Kazakhstan generate from renewables?

According to the Ministry of Energy of the Republic of Kazakhstan, over nine months of 2024, the country increased its electricity generation from renewables by 18 percent compared to the nine months of 2023, with renewables now accounting for 6,67 percent of the national energy mix.

How can UNDP unlock green energy in Kazakhstan?

Innovative financing: the key to unlocking green energy in Kazakhstan To unlock the full potential of renewable resources, UNDP has helped Kazakhstan and introduced innovative financial instruments that attract investments.

Can solar power drive Kazakhstan's decarbonisation?

The focus now is on leveraging solar’s comparative advantages to drive forward Kazakhstan’s decarbonisation and harness its significant solar resources. This report builds on the first edition of solar investment opportunities in Kazakhstan.