November 3 (Renewables Now) - Private investors are expected to spend KZT 163 billion (USD 487m/EUR 418m) on the construction of six solar and wind parks in Kazakhstan’s Karaganda region by the end of 2020, the regional administration announced.
Upcoming projects include the 100-MW SES Saran solar park that has already entered the construction phase, a 50-MW solar plant near the village of Agadyr in Shetsky district, and a 40-MW solar power station in the village of Gulshat, the Aktogay district.
At the same time, two 10-MW wind farms are planned for the village of Osakarovka and the town of Karkaralinsk, respectively.
According to the announcement, the Ministry of Energy will buy all of the produced electricity at a price of KZT 32 to KZT 36 per kWh for distribution through KEGOC networks.
(KZT 100 = USD 0.298/EUR 0.256)