Kazakhstan, China to launch $1 billion renewable energy projects signed in Baku

Kazakhstan’s Energy Minister Yerlan Akkenzhenov and China Energy Head Qiao Xubin met to cofirm plans for two large-scale renewable energy projects in Kazakhstan, with a total investment exceeding $1 billion.

According to Akkenzhenov, the projects include the construction of a 300 MW solar power plant in the Turkestan region and a 500 MW wind power plant in the Karaganda region. He noted that these initiatives represent a practical implementation of the Intergovernmental Agreement on Renewable Energy, signed on the sidelines of the COP-29 climate conference in Baku, Caliber.Az reports per Kazakhstan's Energy Ministry. 

The minister also highlighted discussions on a joint project with Kazakhtelecom JSC to build a data centre powered entirely by renewable energy. He explained that the initiative combines two of the country’s strategic priorities: the transition to green energy and the development of digital infrastructure.

Akkenzhenov emphasised that the partnership with China Energy exemplifies successful investment cooperation, bringing not only financial resources but also advanced technologies to Kazakhstan. He described the Turkestan and Karaganda projects as a significant joint contribution to the country’s goal of carbon neutrality and stressed the potential for expanding cooperation in energy storage and smart grid development.

The parties confirmed their shared interest in further deepening the strategic partnership, opening new avenues for collaboration in energy, digitalization, and innovation.

By Sabina Mammadli