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Home » Masdar Moves Ahead with 1GW Wind Farm Project in Kazakhstan
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Masdar Moves Ahead with 1GW Wind Farm Project in Kazakhstan

By Lakshita Kapoor Wed, Nov 13th, 2024
Masdar and SOCAR Green Finalize Financing for Solar Projects in Azerbaijan
Masdar and SOCAR Green Finalize Financing for Solar Projects in Azerbaijan
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Masdar, Abu Dhabi’s clean energy company, and its partners have signed an investment agreement for a 1-gigawatt (GW) wind farm project in Kazakhstan. This agreement was signed at the COP29 conference in Baku. The project is the first of its kind for Masdar in Kazakhstan, which is the largest economy in Central Asia.

The wind farm will be located in the Jambyl region of Kazakhstan. It will include a 600-megawatt-hour (MWh) Battery Energy Storage System (BESS) to help store energy. The wind project is being developed with the collaboration of W Solar, Qazaq Green Power, and the Kazakhstan Investment Development Fund, with Masdar as the lead developer. Once completed, the wind farm is expected to provide clean energy to around 300,000 homes in southern Kazakhstan. Construction is set to start in early 2026.

This project aligns with Kazakhstan’s renewable energy targets. The country has set goals to increase its renewable energy share to 15% of total energy production by 2030 and to achieve carbon neutrality by 2060. Kazakhstan’s Minister of Energy, Almassadam Satkaliyev, has noted that this wind farm will support the country’s efforts to reach its climate goals.

Kazakhstan and the UAE share a partnership in clean energy development. The countries agreed at COP28 to work together on renewable energy projects in Kazakhstan. This wind farm is expected to be one of the largest in the Commonwealth of Independent States (CIS) region.

Since 2006, Masdar has been involved in clean energy projects globally, aiming to expand its renewable energy capacity to 100GW by 2030. The company is also working toward becoming a major green hydrogen producer by the same year. Masdar’s CEO, Mohamed Jameel Al Ramahi, emphasized the project’s role in supporting Kazakhstan’s renewable energy plans and in expanding clean energy production in the region.

Agreement COP29 Kazakhstan MASDAR Wind Energy Project
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Lakshita Kapoor
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