Construction of a 1 Gigawatt (GW) wind power plant has officially started in the Zhambyl region. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
The project, worth approximately $1.4 billion, is aimed at addressing electricity shortages in southern regions. The ceremony of laying a capsule at the construction site was held in the format of a teleconference.
The power plant will be equipped from the outset with a modern energy storage system with a capacity of 300 MW and a storage capacity of 600 MWh. Even in variable weather or during evening peak loads, the plant will be able to supply energy to the unified power grid stably and reliably.
The wind power plant will reduce carbon dioxide emissions by 2.5 million tons annually. Full commercial operation of the wind power plant is scheduled for the third quarter of 2029.
The consortium's investors and shareholders include UAE's leading clean energy company Masdar (40% stake), W Solar structure (40%), Qazaq Green Power company within the Samruk-Kazyna fund (18%), and Kazakhstan Investment Development Fund – KIDF (2%).
Under the signed agreement, the investor will create 400 permanent jobs, train Kazakh specialists, and improve their qualifications. Modern technologies and new practices will also be introduced in production. Additionally, the company plans to allocate 50 million tenge annually from 2028 to 2038 to support local communities and implement social projects in the Almaty region.