Mamin recalled that the country announced its ambitions to increase energy production from renewables from 3 to 15 % by 2030, and to increase the national carbon absorption capacity by planting more than 2 billion trees at COP26 in Glasgow.
These measures will help to achieve carbon neutrality targets by 2060.
25 renewable energy projects were commissioned with a total capacity of 600 megawatts in 2020 in the country.
Investments in renewable energy projects exceeded $510 million.
It is reported that 22 projects with a total capacity of 450 megawatts will be put into operation by the end of 2021.
Investments account for $445 million.
Recently, the Samruk Kazyna Sovereign Wealth Fund and the Abu Dhabi Developmental Holding Company signed an agreement on strategic cooperation on Dec. 1 in Dubai.
The investment agreements include the construction of the solar and wind power plants with a capacity of 4 gigawatts in Kazakhstan.
Mamin said:
- Kazakhstan plans to launch more than 180 renewable projects with a capacity of 9 gigawatts by 2030
- This will ensure our country’s fulfillment of all its obligations as part of COP26
To date, cumulative EBRD investment into the country amounted to €8.4 billion, of which about €1.2 billion is invested in sustainable energy and resources.
