Masdar signs roadmap for up to 1GW wind power project in Kazakhstan

  • Date: 12-Jun-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Masdar signs roadmap for up to 1GW wind power project in Kazakhstan

- Ahead of UAE hosting COP28, project demonstrates support for Kazakhstan’s goal of meeting half its energy needs with renewables by 2050

Abu Dhabi, United Arab Emirates: Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, 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 Central Asian country is a key strategic market for Masdar, the UAE’s flagship renewable energy company, which has been steadily investing in the region in recent years. The roadmap for developing the up to 1 GW wind project, with a battery energy storage system (BEES), was signed by four partners on the sidelines of the Astana International Forum. HE Suhail Mohamed Al Mazrouei, UAE Minister of Energy and Infrastructure, witnessed the signing. The signatories were: Masdar, the Ministry of Energy of the Republic of Kazakhstan, the Kazakhstan Investment Development Fund (KIDF) Management Company Ltd., and Samruk-Kazyna, a joint stock company sovereign wealth fund.

HE 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