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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
BISHKEK (TCA) — As the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) established an intergovernmental Committee on Energy that will meet for the first time in Bangkok 17-19 January, we are publishing this OP-ED by Dr. Shamshad Akhtar, an Under-Secretary-General of the United Nations and the Executive Secretary of ESCAP: Continue reading
ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD) Board of Directors has approved a financing framework of up to €200 million which will be used to finance primarily private renewable energy projects in Kazakhstan with a total generating capacity of 300 MW within the next five years, the Bank said on December 16. Such projects can be in wind or solar power, small hydro plants or biogas. The construction of generating capacity will be allocated €160 million, while €40 million will be allotted to electricity grid modernisation, which is necessary in order to integrate these renewable projects into the national transmission system. Continue reading