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ENERGY & ENVIRONMENT

Kazakhstan is set to become a global force in renewables.
Key statistics
Clean energy powerhouse
9th

largest country in the world

99

elements naturally available

220 million

of agricultural land

1820

Wind power 1820 min MWh/year

62 min

Hydropower 62 min MWh/year

2.5 min

Solar power 2.5 min MWh/year

Overview

Kazakhstan is set to become a global force in renewables

According to UN estimates, Kazakhstan has the potential to produce more than 10 times as much energy than it needs. As the 9th largest country in the world, it presents investors with acres of untapped space. Over half the country offers wind speeds high enough for energy generation. And we’re poised to become a significant exporter through the green middle corridor.

The 2060 Carbon Neutrality Strategy has set a clear path for Kazakhstan’s decarbonisation. A core aim is to create a more favourable environment for international investors. We’re making it possible by offering tax incentives, streamlining labour regulations, and providing access to financing through Multilateral Development Banks and International Financial Institutions. We offer fixed tariffs for renewable energy and hold transparent, competitive auctions.

In recent years, major global players have invested to harness the enormous potential of Kazakhstan’s wind sector. These include Saudi Arabia’s ACWA Power, which has invested $1.5bn in the Zhetysu project and France’s TotalEnergies, which has contributed $1.4bn to the Mirny wind farm: the largest ever energy project initiated in Kazakhstan. Other major projects have also been initiated by Masdar, Svevind, Eni, Vestas, and Goldwind.