Masdar inks roadmap for Kazakhstan wind power project

Masdar inks roadmap for Kazakhstan wind power project

Masdar has announced it signed a roadmap for developing up to 1 gigawatt (GW) wind power plant in Kazakhstan to support the country’s goal of achieving half its energy mix from renewables by 2050. The roadmap for developing the c. 1GW wind project, with a battery energy storage system (BEES), was signed by four partners on the sidelines of the Astana International Forum: Masdar, the Ministry of Energy of the Republic of Kazakhstan, the Kazakhstan Investment Development Fund (KIDF) Management Company, and Samruk-Kazyna, a joint stock company sovereign wealth fund. Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate, said, “The UAE and Masdar are proud to be supporting Kazakhstan’s renewable energy goals. This wind project, which will generate up to 1GW of clean electricity to power homes and cut emissions, shows sustainable development in action. To meet the Paris Agreement goals to keep 1.5 within reach, humanity needs to take many bold steps, including tripling worldwide renewable energy capacity by the end of this decade. As proud hosts of COP28, the UAE is deeply committed to investing in and partnering with countries to boost clean energy around the world.” Kazakhstan aims