Toqayev Signs Law Enabling Major UAE-Funded Wind Power Project
Photo: Pixabay, illustrative purposes
A large-scale wind power plant will be built in southern Kazakhstan, with funding provided by investors from the United Arab Emirates, reports Orda.kz.
President Qasym-Jomart Toqayev has signed a law ratifying the agreement with the UAE, paving the way for a project to supply electricity to hundreds of thousands of homes and reshape the country’s energy sector.
The agreement sets the legal foundation for large-scale construction in the Jambyl region, where two major wind farms with a combined capacity of one gigawatt are planned.
Construction is planned to begin in the first quarter of 2026. Once completed, the station will supply electricity to about 300,000 homes in southern Kazakhstan and prevent two million tons of coal emissions per year,
writes Asian Power.
Masdar, a leading Emirati renewable energy company, is financing the project. As previously reported, total investment could exceed $1.5 billion.
The day before the agreement was signed, the Crown Prince of Abu Dhabi arrived in Kazakhstan to sign several documents and discuss strategic cooperation.
Original Author: Alina Pak
Latest news
- Defense Ministry Explains Drone Crash In Zhambyl Region
- Kazakhstan Refuses To Ease Access To Hazardous Work Payments
- Almaty Metro To Replace Korean-Controlled System After Technical Failures
- Fewer Kazakhstanis Work Outside Their Home Regions
- Safety Violations Cited As Possible Cause Of Kazzinc Plant Explosion
- Tenge Weakens Five Percent In May As National Bank Reports No Interventions
- New Direct Flights From Kazakhstan To Warsaw, Izmir, And Larnaca
- Kazakhstan Clarifies Position On Possible Iranian Uranium Storage
- EU Politicians Eye Kazakhstan And Uzbekistan As Possible Sites For Migrant Return Centers
- Kazakhstanis Are Leaving The Regions For Megacities
- Kazakhstan Could Store Iranian Uranium If US-Iran Nuclear Deal Is Reached
- Kazakhstan’s EV Boom Is Here. Is The Grid Ready?
- Cyprus President To Make First Official Visit To Kazakhstan
- Kazakh Investors May Gain Remote Access To Armenian Stock Market
- Call Center In Ukraine Scammed Kazakhstanis By Posing As Banks And Police
- Kazakhstan Marks Day Of Remembrance For Victims Of Political Repression And Famine
- Kazakhstan Considers Molecular Markers To Track Fuel Supply Chains
- Tengiz Oil Production Gradually Restored After Operational Failure
- Tokayev Meets Cuban Vice President To Discuss AI And Medicine
- Karaganda Zoo Shows Newborn Amur Tiger Cubs For The First Time
