Bisol has signed a contract with investor Samruk-Energo to install the plant in the city of Kapchagay in Almaty Province. Expected to be completed in three months, the monocrystalline photovoltaic project will be divided into two parts, one of which will employ tracker technology, and the other fixed substructures.
Upon completion, Samruk-Energo subsidiary Samruk-Green Energy will become the plants owner. CEO of Samruk-Energo, Almasadam Satkaliyev believes there is a huge market potential for renewable energy in Kazakhstan. He added that the share of renewables in the country should increase from 0.5% today, to 11% by 2030.
Bisol CEO, Uro Merc continued, "Investing in solar energy presents a great potential and 2 MW Bisol PV system will be amongst the first ones in Kazakhstan to set precedence. At the same time this PV system means an important technological breakthrough and a technology transfer in one of the most resource-rich countries in the world. Kazakhstan has huge potential in generating electricity using solar energy; the south-eastern part of the state has more than 300 sunny days a year."