As a key step towards deepening renewable energy cooperation, the UAE and Kazakhstan have signed an agreement to develop large-scale clean energy and battery storage projects. The agreement was signed in the presence of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Kazakhstan’s President Kassym-Jomart Tokayev.
Abu Dhabi Future Energy Company PJSC (Masdar) and Kazakhstan’s sovereign wealth fund Samruk-Kazyna JSC will collaborate on a 24/7 renewable energy plan. This project seeks to provide up to 500MW of continuous renewable power, supplemented by 2GW of battery energy storage devices.
The parties also exchanged documents for a previously ratified agreement involving Masdar’s 1GW wind project in Kazakhstan. This comprises a 600 MWh battery system, which ranks among the region’s largest.
HE Dr. Sultan Al Jaber emphasised the agreement’s importance in developing bilateral energy connections and advancing Kazakhstan’s economic and energy objectives. Nurlan Zhakupov, CEO of Samruk-Kazyna, emphasised the company’s congruence with Kazakhstan’s goal of becoming carbon neutral by 2060.
Kazakhstan intends to generate 15% of its electricity from renewables by 2030. Masdar is spreading across Central Asia and aims to reach 100GW of worldwide capacity by 2030.
