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ASTANA (TCA) — Italy’s Eni and GE Renewable Energy have started a wind power plant construction in the area of Badamsha in Kazakhstan, Kazakh Invest national company for investment support and promotion said. Continue reading
ASTANA (TCA) — Italy’s Eni on June 12 said it has taken the Final Investment Decision to build, develop and operate the Badamsha plant, a 50 MW wind farm located in the northwest of Kazakhstan. This project represents the first large scale investment in wind technology for the company. The construction works of the plant, which is located in the Aktobe Oblast, will start in the coming months and the commercial operation date and the connection to the grid is expected by the end of 2019. The wind farm will provide the Region with an annual power generation of about 198 GWh. Eni’s current renewable energy portfolio includes investments in solar, wind and hybrid projects worldwide for 1.2 billion euros over the next four years. The Badamsha project represents the first material step of the Memorandum of Understanding signed between Eni, General Electric (GE) and the Kazakh Minister of Energy, Kanat Bozumbayev, to promote the development of renewable energy projects in Kazakhstan. Last June Eni signed a number of strategic cooperation agreements both in the upstream and renewable energy sectors with the aim of supporting the sustainable economic growth of the country. Eni has been present in Kazakhstan since 1992. Eni is joint operator of the Karachaganak field and is an equity partner in various projects in the Northern Caspian Sea, including the giant Kashagan field. In 2018 Eni became joint operator in the exploration block Isatay, with the national company KMG.
ASTANA (TCA) — Development Bank of Kazakhstan (DBK) on January 23 said it has opened financing for CAPEC Green Energy LLP for the construction of the first start-up complex of a 50 MW wind power plant to be located 40 km from Kazakhstan’s capital Astana, in the village of Kostomar, Akmola region. After commissioning of the second phase, the total capacity of the power plant will be 100 MW. Continue reading
ASTANA (TCA) — The Yereymentau Wind Farm in Kazakhstan, a long-standing partner of the European Bank for Reconstruction and Development (EBRD), has been registered as a domestic carbon credit project under the country’s emissions trading system (ETS), the Bank said on November 8. Continue reading
ASTANA (TCA) — The management of the Belgian company QWAY energy has arrived in Shymkent in the South Kazakhstan region to meet with local businesspeople at the region’s Chamber of Entrepreneurs and discuss a renewable energy project, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported. Continue reading
LONDON (TCA) — The wider Caspian region, which comprises the Caspian littoral states and the lands to their east, is sitting on a vast riches of subsoil resources of which combustibles are made to quench the world’s ever increasing thirst for energy. Those who dedicate their lives and/or cash to such resources hardly ever miss an occasion to stress the need for them, downplaying the growing importance of alternative resources, located not under but on and above the earth’s surface and being infinite. Continue reading
