Kazakhstan has made a huge step towards achieving its green energy goals by approving a $1.4 billion agreement with the UAE to establish a large-scale wind energy project. Kazakhstan’s lower house of parliament, the Mazhilis, formally authorised the transaction, paving the way for a one-gigawatt wind power project and a 300-megawatt energy storage system in the Zhambyl area.
The agreement, which was signed in Dubai on December 2, 2023, incorporates a partnership with Masdar, a well-known UAE-based renewable energy provider. Energy Minister Erlan Akkenzhenov praised the initiative as a watershed moment in Kazakhstan’s energy revolution. The project intends to increase the share of renewables in the national energy mix by three percent.
Two 500 MW wind farms will be built, producing 3.4 billion kilowatt-hours annually and reducing carbon emissions by two million tonnes. A large-scale energy storage system, the first in Kazakhstan, will improve grid stability while also serving as a technological learning platform.
The project is planned to attract international investment, create over 1,000 construction jobs, and add up to 100 permanent positions.
