UAE and Kazakhstan sign landmark agreements to develop 1GW of renewables capacity

UAE and Kazakhstan sign landmark agreements to develop 1GW of renewables capacity

Masdar signs joint development agreement (JDA) to develop 1GW of wind power in Kazakhstan

The project will be jointly developed with W Solar, Qazaq Green Power, and the Kazakhstan Investment Development Fund

JDA is a key part of Masdar’s efforts to unlock Central Asia’s renewables potential

Dubai, Expo City: The governments of the United Arab Emirates and the Republic of Kazakhstan today signed an agreement outlining a commitment to co-operation in the development of Kazakhstan’s renewables sector, including through the development of a large-scale wind power project with a 1GW capacity.

His Excellency Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, oversaw the signing of the agreement between the Kazakhstan Ministry of Energy and the United Arab Emirates Ministry of Energy and Infrastructure. The signing took place at COP28, in Dubai.

Alongside this, a Joint Development Agreement was signed between Abu Dhabi Future Energy Company (Masdar) – the UAE’s clean energy champion, who will spearhead the project – W Solar, Qazaq Green Power QGP (a Samruk-Kazyna Group company), and the Kazakhstan Investment Development Fund, to develop and implement a 1GW wind project.

Minister of Energy of the Republic of Kazakhstan, His Excellency Almassadam Satkaliyev noted: “The government agreement