The weekend read: Central Asia’s green horizons
Despite its huge potential in the region, solar PV has hitherto gained little traction in Central Asia. In Kazakhstan, two utility-scale PV projects have been realized, and a few are in the pipeline for Uzbekistan as it begins to attract international investors. But many challenges on the policy level have yet to be overcome.
Risen Energy gets financing for 40 MW project in Kazakhstan
Around $31 million in funds will be provided by the European Bank for Reconstruction and Development (EBRD). The project is located in the Karaganda region.
The Weekend Read: Central Asia’s Green Horizons
Despite its huge potential in the region, solar PV has hitherto gained little traction in Central Asia. In Kazakhstan, two utility-scale PV projects have been realized, and a few are in the pipeline for Uzbekistan as it begins to attract international investors. But many challenges on the policy level have yet to be overcome.
Blockchain project Solar DAO will action its first PV plants, in Kazakhstan
The world’s first digital, autonomous, closed-end, utility-scale PV project investment fund – enabling people with any budget to become co-owners of projects – has announced the implementation of its first arrays, in Kazakhstan, with 4 MW in the north-west of the country and 4 MW in the south. Solar DAO says it will save about $50,000 per MW since total development costs will be less than $5,000 per MW.
EBRD arranges financing for 50 MW project in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) has announced it will work alongside the Clean Technology Fund and Asian Development Bank to provide a loan for the construction of a 50 MW solar power plant in Kazakhstan’s central Baikonur region.
Kazahkstan tenders 290 MW of solar
Overall, new auctions launched by the Kazakh government will allocate 1 GW of renewable energy generation capacity, including 620 MW of wind power plants.
Kazakhstan: 1 GW solar, renewables auction; first bidding round planned for May
The long-awaited series of auctions is expected to see the participation of big players such as ACWA Power, Sky Power, Shell, General Electric and Goldwind, the Kazakh government said.
French company attracts $12.7 million funding for Kazakhstan solar project
France-based Urbasolar SAS has attracted around US$12.7 million in funding for its planned 14 MW solar PV project in Kazakhstan.
Green Climate Fund provides another $110 million for solar and renewables in Kazakhstan
Funds comprise $106 million in concessional finance and $4 million in technical assistance grant.
Kazatomprom launches tender for sale of solar manufacturing units
The Kazakh state-owned national atomic energy company will start receiving bids for the acquisition of its three solar manufacturing subsidiaries on September 8. Purchase price was set at around $14 million.
