Kazakhstan: Solar Investment Opportunities
The focus now is on leveraging solar''s comparative advantages to drive forward Kazakhstan''s decarbonisation and harness its significant solar resources. This report builds on
Kazakhstan has remarkable solar potential with a very well-designed auction system, a clear renewable capacity addition schedule, and a solid decarbonisation target. The country is now also including storage systems as part of its public procurement strategy in a move that will ease further integration of renewables into the grid.
Kazakhstan's largest solar project – a 100 MW field in Saran, Karaganda Province – was opened last year by a German company, also with EBRD backing. Russian engineers doubled capacity at the EBRD-backed Burnoye plant in Zhambyl in 2018.
The focus now is on leveraging solar's comparative advantages to drive forward Kazakhstan's decarbonisation and harness its significant solar resources. This report builds on the first edition of solar investment opportunities in Kazakhstan.
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