Kazakhstan plans 1 GW of renewable energy auctions in 2018 - report

Solar park in Kazakhstan. Source: EBRD (www.ebrd.com).

January 29 (Renewables Now) - Kazakhstan is set to hold international renewable and alternative energy auctions for 1 GW of capacity this year, the first of which is scheduled for May, deputy minister of energy Gani Sadibekov said, as cited by Kazinform.

Speaking at a press conference, the minister has said that the plan is part of the country’s strategy to lift the share of alternative and renewabe energy sources in its power mix to 30% by 2030. Last year, Kazakhstan saw the commissioning of five renewable energy plants, while this year their number will be 10, with a combined capacity of 123 MW, he said.

The tenders will be open to all parties, regardless of their citizenship and nationality. Companies from Saudi Arabia, Canada, the US and China, as well as domestic players, have already shown interest in taking part in the auctions.

The Asian Republic’s long-term goal is to source from renewables and alternative energy plants 50% of its electricity consumption by 2050.

More stories to explore
Share this story
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription