China Energy to Invest Over $1 Billion in Energy Projects in Kazakhstan
Photo: Orda collage
The Chinese state-owned company China Energy will implement two major energy projects in Kazakhstan worth more than $1 billion, Orda.kz reports.
According to the Kazakh Ministry of Energy, Minister Yerlan Akkenzhenov met with China Energy CEO Qiao Xiubing in Astana, where the company confirmed plans for two large-scale initiatives:
- 300 MW solar power plant in the Turkistan region
- 500 MW wind power plant in the Qaraganda region
Both projects fall under the intergovernmental agreement on renewable energy, signed by Kazakhstan and China at the UN Climate Change Conference in Baku.
Kazakhtelecom will also partner with China Energy to build a data center powered by renewable energy, investing in broader goals of digitalization and a “green transition.”
The partnership with China Energy is an example of successful investment cooperation that brings not only capital but also advanced technologies to Kazakhstan. Projects in the Turkistan and Qaraganda regions represent our shared contribution to achieving carbon neutrality. We also see enormous potential for expanding cooperation in energy storage and smart grid development,
said Yerlan Akkenzhenov.
Original Author: Nikita Drobny
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
