• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
21 February 2026

Viewing results 1 - 6 of 130

Kazakhstan Intends to Triple Its Hydropower Capacity by 2030

Kazakhstan plans to significantly expand its hydropower capacity over the next five years. By the end of 2030, the country intends to commission new hydropower plants with a combined capacity of approximately 660 MW, nearly tripling the sector’s current installed capacity, according to the Ministry of Energy. At present, 43 hydropower facilities operate in Kazakhstan with a total installed capacity of 313 MW. The implementation of agreements already concluded is expected to raise this figure to nearly 1 GW, substantially increasing the contribution of hydropower to the national energy mix. In 2025, an additional project was added to the portfolio: the 26 MW Korinskaya HPP-2 was commissioned in the Jetisu Region. By the end of the year, total electricity generation from renewable energy sources reached 8.621 billion kWh, of which 1.196 billion kWh was produced by small and medium-sized hydropower plants. Kazakhstan continues to rely on an auction mechanism to attract investment and enhance transparency in the renewable energy sector. In 2025, 500 MW of capacity designated specifically for hydropower projects was offered through competitive auctions. According to the Ministry of Energy, this approach helps reduce project costs and foster a stable investment environment. The highest concentration of renewable energy facilities, including hydropower plants, is located in the southern and southeastern regions, Zhambyl, Almaty, and Jetisu regions. These areas benefit from significant river potential and established infrastructure capable of supporting further generation growth. The ministry states that implementation of the planned projects will diversify Kazakhstan’s energy mix, supply remote areas with stable green electricity, reduce pressure on the main transmission grids, and enhance overall system reliability. As previously reported by The Times of Central Asia, renewable energy accounted for 7% of Kazakhstan’s national energy mix by the end of 2025.

Tajikistan Plans Over $1 Billion for Rogun Hydropower Project in 2026

The government of Tajikistan plans to allocate at least 10 billion TJS (more than $1 billion) to finance the Rogun hydropower project in 2026, Finance Minister Faiziddin Qahhorzoda said on February 13 at a press conference in Dushanbe. The statement was later released by the Ministry of Finance and reported by Asia-Plus. Qahhorzoda specified that 8.2 billion TJS has already been earmarked in the state budget for completion of the Rogun hydropower plant. He added that additional financing could be mobilized through development partners, as agreements have been signed and the required domestic procedures and partner conditions have been fulfilled. “Certain conditions had to be met by the government of Tajikistan to access these funds. All conditions have been completed, and financing under the first tranche of $350 million has begun,” the minister said, referring to grant funding from the World Bank. He added that negotiations for an additional $300 million from the institution have been concluded successfully, with the funds expected to become available by mid-year. The minister also stated that domestic procedures are being finalized to attract $150 million from the Islamic Development Bank, as well as $100 million each from the Saudi Fund for Development, the Kuwait Fund for Arab Economic Development, and the OPEC Fund for International Development. According to Qahhorzoda, the remaining step is the completion of tender procedures. In addition, all procedures have reportedly been completed to secure $500 million from the Asian Infrastructure Investment Bank, of which $270 million is expected to be disbursed in the first tranche. According to the Finance Ministry, approximately 11 billion TJS was allocated in 2025 for the completion of Rogun, including 2 billion TJS designated for servicing Eurobonds issued to support the project. Earlier, at the end of January, the Energy Ministry stated during a separate press conference that several financing agreements signed with international partners in 2024-2025 had already entered into force. Officials noted that activating these agreements required fulfilling a number of technical and procedural conditions. The Rogun hydropower plant, located 110 kilometers from Dushanbe on the Vakhsh River, is the largest energy project in Tajikistan. Construction began in 1976 but was suspended following the collapse of the Soviet Union. Work resumed after independence. Of the six planned generating units, each with a capacity of 600 MW, two are currently operational and had produced 9.9 billion kWh of electricity by the end of last year. In December 2025, President Emomali Rahmon announced that the third unit is scheduled to be commissioned in September 2027. Once all six units are operational, the plant’s total installed capacity will reach 3.78 GW, and its 335-meter dam is projected to become the tallest in the world. The total cost of construction has been estimated at $6.2 billion.

Chinese Investor Plans 500 MW Solar and Wind Power Plants in Tajikistan

Chinese company Dayu New Energy Limited plans to develop solar and wind power plants in the Kubodiyon and Jaihun districts of Tajikistan’s Khatlon region. With a combined installed capacity of 500 megawatts, the project would rank among the largest renewable energy initiatives in the region. During negotiations, it was emphasized that Khatlon has been strengthening its economic ties with Chinese firms and offers favorable conditions for the construction of infrastructure and energy facilities. The region is seen as a key zone for attracting foreign direct investment. Dayu New Energy CEO David Liu noted that the company has operated in the renewable energy sector since 2018, specializing in the construction and operation of solar and wind power stations. He added that the firm is currently implementing wind energy projects in Georgia and Kazakhstan, underscoring its practical experience and technological capacity. Following the meeting, the head of the Khatlon region expressed support for the project and confirmed his willingness to facilitate its development. As previously reported by The Times of Central Asia, Tajikistan has significantly accelerated its transition to green energy. The country has already launched its largest solar initiative to date: the construction of two photovoltaic power plants with a combined capacity of 500 MW, an unprecedented move for the republic. In a related development, the Asian Development Bank recently approved a $1 million grant to support technical assistance for floating solar photovoltaic systems in Tajikistan.

Kazakhstan’s Renewable Energy Share Reaches 7% in National Energy Mix

By the end of 2025, renewable energy sources (RES) accounted for 7% of Kazakhstan’s electricity generation, up from 6.43% the previous year. This modest but steady increase was driven by the commissioning of nine new RES facilities with a combined capacity of 503 MW, including wind, solar, and hydroelectric power plants. While Kazakhstan still lags behind global leaders in the energy transition, it is considered one of Central Asia’s most institutionally structured and balanced markets for green energy development. The country currently operates 162 renewable energy facilities with a total installed capacity of approximately 3.5 GW. The sector remains diversified: 67 wind farms, 49 solar power plants, 43 hydropower facilities, and three biogas stations contribute to the overall mix. A key driver of Kazakhstan’s renewable energy expansion is its auction-based model for project selection, which enhances transparency and attracts private investment. Under the 2024-2027 plan, the government aims to deploy 6.7 GW of new renewable capacity, of which around 4 GW had already been allocated by December 2025. The participation of international players, including Total Eren, Masdar, China Power International Holding, and China Energy, has bolstered the sector’s technological and financial resilience. In comparison, Uzbekistan has emerged as the region’s most dynamic renewable energy market, focusing on large-scale solar and wind projects led by foreign investors. Although the share of renewables in Uzbekistan’s energy mix remains below 10%, its annual capacity additions have outpaced Kazakhstan’s in absolute terms. Unlike Kazakhstan’s market-based approach, Uzbekistan’s model relies more heavily on large, state-structured contracts, which speeds up implementation but limits competition and diversification. Total investment in Uzbekistan’s renewable sector is estimated at roughly $6 billion, with key backing from the European Bank for Reconstruction and Development (EBRD), the World Bank, and the International Finance Corporation (IFC). Kyrgyzstan and Tajikistan formally lead the region in renewable energy share due to their reliance on hydropower, which accounts for 80-90% of their electricity generation. However, this heavy dependence makes their energy systems highly vulnerable to seasonal and climatic fluctuations. Turkmenistan remains the regional outlier, with a power sector almost entirely reliant on natural gas despite significant solar potential. Renewable projects there are limited and largely experimental. In this context, Kazakhstan occupies an intermediate position, between the hydropower-heavy economies of Kyrgyzstan and Tajikistan and the fast-growing but centralized market of Uzbekistan. Its relatively low starting share in renewables is offset by a stable institutional framework, competitive project selection, and strong international participation. Kazakhstan’s targets, to raise renewable energy’s share to 15% by 2030 and to 50% by 2050, are ambitious but feasible, provided green energy development remains aligned with investments in base-load generation.

Organization of Turkic States Discusses Key Eurasian Energy Projects

At the 5th meeting of ministers responsible for energy within the Organization of Turkic States (OTS), held on December 10 in Istanbul, OTS Secretary General Kubanychbek Omuraliev outlined major joint energy initiatives underway among member states. Founded in 2009, the OTS comprises Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, Uzbekistan, and Turkmenistan. Hungary and Northern Cyprus participate as observer states. Omuraliev touched upon the following projects: Major oil and gas routes such as the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, Baku-Tbilisi-Erzurum (BTE) gas pipeline, South Caucasus Pipeline, Trans-Anatolian Natural Gas Pipeline (TANAP), Trans Adriatic Pipeline (TAP), and the Iğdır-Nakhchivan gas pipeline; A strategic partnership between Azerbaijan, Kazakhstan, and Uzbekistan to develop and transmit green energy; The Azerbaijan-Georgia-Turkey-Bulgaria Green Energy Corridor, which extends the Central Asia-Azerbaijan corridor and opens new avenues for energy exports to Europe; Construction of the Kambarata-1 Hydropower Plant in Kyrgyzstan, a project jointly developed with Kazakhstan and Uzbekistan; and A planned Black Sea submarine cable to transmit renewable energy. Omuraliev emphasized that enhanced intra-OTS cooperation bolsters both the economic potential of member states and regional energy security. Ministers at the meeting noted the significant fossil fuel and clean energy resources held by OTS members and observers, describing the region as a strategic energy bridge between Asia and Europe. They stressed that advancing practical cooperation is essential amid growing global energy demand and the accelerating energy transition. Participants agreed to move forward with joint projects under the OTS framework, including the establishment of a Regional Center for Technologies and Green Initiatives. As previously reported by The Times of Central Asia, on December 5, the Board of Governors of the Turkic Investment Fund announced in Bishkek that the fund will begin operations in the first quarter of 2026. The Turkic Investment Fund is the first dedicated financial institution jointly established by OTS member states. Headquartered in Istanbul, its mandate is to promote economic cooperation, boost intra-regional trade, and support sustainable development by financing major joint initiatives across the region.

Kazakhstan Launches First Domestic Green Hydrogen Production Station

Kazakhstan has unveiled its first fully integrated green hydrogen production station, a significant milestone in the country’s transition toward renewable energy and industrial innovation. The project, spearheaded by the Renewable Energy Laboratory at Nazarbayev University in Astana, is the first of its kind in Kazakhstan to receive a national patent, according to the Ministry of Science and Higher Education. Powered entirely by solar and wind energy, the pilot facility uses innovative, locally developed catalysts to convert renewable electricity into hydrogen through electrolytic water splitting. The hydrogen is then stored and can be used as fuel for motor vehicles or standalone generators. Currently, the laboratory-scale station is capable of filling a six-cubic-meter hydrogen cylinder in three hours. “This is a significant step toward the practical implementation of hydrogen technologies in Kazakhstan. What began as laboratory prototypes has evolved into a functional, outdoor industrial-scale system,” said Professor Nurshat Nurazhi, head of the Renewable Energy Laboratory. The project was developed in collaboration with Zhejiang H2-Bank Technology Co., Ltd. of China. “Partnership with an industrial leader ensured scalability and compliance with international standards for hydrogen production and safety,” noted Dr. Yerbolat Magazov, head of the hydrogen production team. “This system demonstrates the potential of domestic innovation in clean energy and sets a milestone for Kazakhstan’s scientific community.” The Kazakh government has identified hydrogen as a strategic component of its low-carbon transition. The Concept for the Development of Hydrogen Energy through 2030, approved in 2024, outlines hydrogen’s critical role in reducing greenhouse gas emissions and diversifying the national energy mix.