Abu Dhabi Future Energy Company ( Masdar) has signed a roadmap for developing up to 1 gigawatt (GW) wind power plant in Kazakhstan to drive the country’s objectives to achieve half its energy mix from renewables by 2050.
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, witnessed the signing. The agreement was penned by Masdar; the Ministry of Energy of the Republic of Kazakhstan; the Kazakhstan Investment Development Fund (KIDF) Management Company Ltd.; and Samruk-Kazyna, a joint stock company sovereign wealth fund.
Sultan bin Ahmed Al Jaber, Chairman of Masdar and COP28 President-Designate, commented: “The UAE and Masdar are proud to be supporting Kazakhstan’s renewable energy goals.”
Al Jaber added: “This wind project, which will generate up to 1 GW of clean electricity to power homes and cut emissions, shows sustainable development in action.”
Kazakhstan aims to become carbon neutral by 2060 and is targeting renewable electricity generation of 50% by 2050. The announced wind farm, with BESS, marks Masdar’s first project in the country.
In addition to the roadmap, Samruk-Kazyna and Masdar inked a collaboration deal for the project. The roadmap signing builds upon an earlier agreement secured between Masdar and its Kazakh partners during Abu Dhabi Sustainability Week in January 2023.
Mohamed Jameel Al Ramahi, CEO of Masdar, noted: “We aim to deliver a world-class wind plant and battery energy storage system that will support Kazakhstan’s energy transition and advancement of its net zero ambitions.”
“We welcome the signing of the project roadmap which further strengthens our relationship with Kazakhstan and demonstrates our commitment to helping the Kazakh government achieve its clean energy objectives,” Al Ramahi highlighted.
Marat Tulebaev, CEO of the Kazakhstan Investment Development Fund (KIDF) Management Company Ltd., said: “This is a significant step forward in developing the joint implementation of Masdar’s first wind project in our country.
“We look forward to strengthening our partnership in the future and believe that this project meets our country’s growing demand for electricity by helping to shift the energy supply model towards renewable energy sources,” Tulebaev added.
