Kazakhstan to reach 12.9-GW renewable capacity by 2035
Policy reforms, amongst others, will drive this growth.
Kazakhstan’s renewable power capacity is projected to reach 12.9 gigawatts (GW) by 2035 as the government aims to increase generation to 15% by 2030, according to GlobalData.
Mohammed Ziauddin, Power Analyst at GlobalData, noted that the expansion is being supported by policy reforms, natural resource potential, and growing investor participation.
By source, onshore wind capacity is projected to reach 8.7GWs, whilst solar photovoltaic will hit about 3.7GWs during the same period.
Meanwhile, wind power is anticipated to account for the largest share due to its strong wind resource potential and availability of vast open land areas for large-scale projects.
Despite this, the country’s power system will continue to rely heavily on thermal generation. Gas-fired capacity is projected to expand to 12.4GWs whilst coal-fired power plants will increase slightly to 14.7GWs.