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Risen Energy Spain to engage in Kazakh solar energy

The Spanish company Risen Energy Spain will enter the renewable energy market in Kazakhstan, according to Kazakh Invest. The Spanish company participated in the Kazakh-Spanish road show, held from 19 to 20 March in Madrid. Some 100 companies attended the event, which was organized by the Embassy...

Two wind power plants to be launched in Kapshagay in 2019

Two wind power plants will be built in Kapshagay town of Almaty region, Kazinform reports. As the regional administration spokesperson Ardak Kassymkhanova said, the projects will be put into operation in 2019. The capacity of Kerbulak and Kerbulak-2 wind power plants will comprise 9.0MWT. The...

Kazakh Upper Chamber gives nod to oil pact with Uzbekistan

Senators of Kazakhstan reviewed and approved the ratification of an intergovernmental agreement with Uzbekistan on some issues of cooperation in the energy sector. The agreement is aimed at stimulating cooperation in the oil and gas sector, petrochemical and electric power industry, uninterrupted...

EBRD to Finance a 50 MW Solar Project in Southern Kazakhstan

EBRD to partner with Risen Energy to develop the project located in Chulakkurgan The European Bank for Reconstruction and Development (EBRD) has announced the financing of a 50 MW solar power project in southern Kazakhstan. The proposed financing package arranged by the EBRD includes a local currency...

Major French energy corporation ready to operate in Kazakhstan’s renewables sector

In France, a memo was signed between the Kazakhstan Solar Power Association and a largest electricity company in Europe, Urbosolar SAS. According to the press service of the Kazakhstan Solar Power Association, the signed document will give a new impetus to the Kazakh-French business relations in alternative...

Russia & Kazakhstan team up to launch solar plant

Russia’s largest integrated solar energy company, Hevel Group, will help Kazakhstan launch a new solar plant in the Caspian country’s southern region of Turkistan sometime next year. The $50 million plant with the capacity of 50 megawatts (MW) will cover approximately 500 acres of land near the village...

Kazakhstan to build solar HPP for $11.5 million

Kazakhstan has significant renewable energy resources in the form of hydropower, wind, solar and biomass. However, to date, apart from the partial use of hydro resources, other alternative sources have not received proper development. The main reasons for this situation are the presence of rich...

Transformer plant starts work in Aktau

A transformer plant for the production of switchboard equipment was launched in Aktau. The project is included in the industrialisation map of the Mangystau region and implemented at the expense of the investment company. The products manufactured there under the Made in Kazakhstan brand are planned...

Russia’s Hevel secures financing for 90-MW Kazakh solar project

A unit of Russia’s Hevel Group will obtain EUR 56.2 million (USD 63.4m) in debt from the Eurasian Development Bank (EDB) to install up to 90 MW of solar power capacity in Kazakhstan. Hevel Kazakhstan LLP has signed a loan agreement with the lender for the provision of a long-term multi-currency...

Kazakhstan commissions new transformer works

A unique production line of high-capacity transformers of 220 and 500 kV was put into operation in Shymkent as part of the nationwide teleconference dated to the Industrialization Day. The Asia Trafo innovation enterprise is located at the Tassay industrial zone, the city administration's press...

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