• Business

    Masdar talks development of Central Asia’s largest wind farm in Kazakhstan

    AnyFans Posted on

    By Al Jazeera Tv

    Copyright trend

    Masdar talks development of Central Asia's largest wind farm in Kazakhstan

    BAKU, Azerbaijan, October 2. Masdar is
    advancing its renewable energy footprint in Kazakhstan with the
    development of what will be the largest onshore wind farm in
    Central Asia, Maryam Al Mazrouei, Head of Business Development and
    Investment for the CIS region at Masdar, said at the KAZENERGY
    Forum in Astana, Trend reports.

    “We’re very happy as well that we have already launched the
    relationship and the project development in Kazakhstan. Of course,
    we have very strong government-to-government relations between the
    United Arab Emirates and the Republic of Kazakhstan,” Al Mazrouei

    The project, located in the Jamboree region, will feature a
    one-gigawatt onshore wind farm coupled with 600-megawatt-hour
    battery storage and an extensive overhead transmission line. Masdar
    is developing the project in partnership with Samruk Energy and its
    subsidiary QGP, KIDF, two Abu Dhabi investors, and W Solar.

    Al Mazrouei emphasized the importance of stakeholder
    collaboration in ensuring project success. “These are only the
    sponsors, but the project cannot be implemented without the
    stakeholders – Kazakhstan Electricity Grid Operating Company
    (KEGOC), IFC, Ministry of Energy, Ministry of Economy, and Ministry
    of Finance. So collaboration is key. We’ve seen this not only in
    the region but across different continents. When there is
    collaboration across different stakeholders, there will always be a
    successful story to tell.”

    She highlighted the strong support received from Kazakhstan:
    “Currently, the project is at a very advanced stage of development
    thanks to the support that we have been receiving from the
    Kazakhstan side, including all the ministries, the partners, and
    the parliament as well. They were very supportive”.

    Once operational, the wind farm will provide clean energy to
    around 300,000 households and reduce approximately 2 million tons
    of CO2 emissions annually. The project represents an investment of
    over $1 billion.

    “This is a significant project. It’s not just about energy
    production; it’s about creating a sustainable, long-term impact for
    the region,” Al Mazrouei added.

    You Might Also Like