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Kazakhstan

Kazakhstan’s solar auction concludes with lowest price of $0.0297/kWh

The Kazakh authorities allocated 20 MW of PV capacity in the procurement exercise and said another 20 MW solar auction will be held next year.

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Kazatomprom again seeks to sell solar manufacturing units

The Kazakh state-owned national atomic energy company is seeking to sell its solar manufacturing units for the second time.

Kazakhstan’s solar auctions conclude with lowest price of $0.035/kWh

The Kazakh authorities allocated 55 MW of PV capacity in two different procurement exercises. Two projects, totaling 40 MW, were secured by Russian module manufacturer Hevel Solar.

100 MW Saran solar park commissioned in Kazakhstan

The SES Saran solar project is in the Karaganda region. The project was financed by the European Bank for Reconstruction and Development and built by German developer Goldbeck.

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Lowest bid in Kazakhstan’s first solar auction reaches $0.05170/kWh

Four PV projects totaling 170 MW were selected in the first of a series of RE auctions to be held this year. Overall, the Kazakh government is planning to assign 290 MW of solar and a total of 1 GW of renewable energy capacity.

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Zorlu Energy plans 50 MW solar project in Kazakhstan

The Turkish company has signed a framework agreement with the Kazakh Ministry of Energy and with the Turkestan district local authority for the large-scale project, which will be in the southernmost, sunniest part of the country.

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.

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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.

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.

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