Abu Dhabi Future Energy Company, or Masdar, today announced it has sealed an agreement with the government of Kazakhstan and the Kazakhstan Investment Development Fund (KIDF) to jointly work on an up to 1-GW wind project in the Central Asian country.
The pact comes just a day after Masdar unveiled plans to add 4 GW of onshore and offshore wind, solar and hydrogen capacity in Azerbaijan with the State Oil Company of the Republic of Azerbaijan (SOCAR). Both deals are aligned with the UAE clean energy company’s goal of having 100 GW of renewable plants in operation by 2030.
In Kazakhstan, Masdar will develop what will be its first investment project in the nation, together with its partners. The proposed capacity will be installed in phases, the first one of which calls for the deployment of 500 MW. Possibly, the wind farm will be coupled with a battery storage facility
“Masdar has already developed a strong presence in Central Asia, and by leveraging our experience of the region, we aim to deliver a world-class wind plant that will support Kazakhstan’s energy transition and advancement of its net zero ambitions,” said Mohamed Jameel Al Ramahi, CEO of Masdar.
Kazakhstan aims to become carbon neutral by 2060 and lift the share of renewable energy in its power generation mix to 10% by 2030 and 50% by 2050.
Choose your newsletter by Renewables Now. Join for free!