Share :

Download PDF :

Astana Times (13 January 2025)

Kazakhstan has solidified its role as a magnet for international investment in renewable energy, showcasing its portfolio of 153 renewable energy facilities with a combined capacity of 3,032 MW at the High-Level Dialogue on Accelerated Partnership for Renewable Energy in Central Asia, held during the 15th session of the International Renewable Energy Agency (IRENA) Assembly on Jan. 11 in the United Arab Emirates’ capital.

Representing Kazakhstan, Zhaslan Kasenov, the director of the Renewable Energy Sources Department of the Ministry of Energy, highlighted the country’s bold commitment to green energy development. He highlighted the country’s ambitious growth trajectory and investor-friendly policies, including its partnerships with Europe, China, and the Middle East. These partnerships and long-term guarantees, such as 20-year power purchase agreements and annual tariff indexation, make Kazakhstan an attractive destination for global investors.

Kasenov reaffirmed Kazakhstan’s role as a pioneer in the region’s energy transition, emphasizing the country’s ambitious goals and strategic approach. According to him, the country aims to generate 15% of its total energy from renewable sources by 2030, with a more ambitious target of 50% by 2050. These objectives align with global sustainability efforts and solidify Kazakhstan’s position as a trailblazer in combating climate change in Central Asia.

Click for more