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
- While Thousands Lost Power, KEGOC Executives Received Nearly Half a Billion Tenge
- Changi Airport Group May Help Build Astana’s New Airport
- US Again Extends Deadline for Lukoil to Sell Its Assets in Kazakhstan
- Kazakhstan Extradites Business Manager From Russia in 290 Million Tenge Tax Case
- Released Amur Tiger Successfully Hunts in Kazakhstan’s Wild
- Kazakhstan Moves to Develop Critical Minerals as Global Competition Intensifies
- Another Performance by Kazakh Stand-Up Comedian Called Off
- Uzbekistan Begins Preparations for Second Nuclear Power Plant
- Backpack Links Glacier Remains to Man Missing for 19 Years
- 650-Hectare Wildfire Contained in Karaganda Region
- Unusual Wildlife Encounter Captured in Altyn-Emel
- Retired Border Service Dog Sold for $2 at Kazakhstan Auction
- Will Kazakhstan Have Enough Coal This Winter?
- Belarusian Hikers Find Body on Glacier Near Almaty
- Kazakhstan Investigates Spending on 242 Million Tenge Educational Game
- Kazakhstan Makes Caspian Oil Companies Pay for Counterterrorism Deployments
- Kazakhstan Faces Shortage of 245,000 School Places
- Waste Dumping Reported Near Yurt Camps at Lake Zaisan
- Kazakh Oil Rerouted to Novorossiysk as Russia Frees Baltic Export Capacity
- Amur Tiger Umit Adapts to Life in the Wild in Southern Balkhash
