Masdar to develop up to 1GW wind project in Kazakhstan
The Roadmap signed is Masdar’s first project in the Central Asian nation.
Abu Dhabi-based clean energy firm Masdar signed a roadmap with Kazakhstan to develop up to 1 gigawatt (GW) of wind power project with a battery energy storage system in the Central Asian country.
In a statement, Masdar said this partnership will support Masdar’s target to generate 50% of its electricity from renewable sources.
Kazakhstan also aims to be carbon neutral by 2060.
The Roadmap, Masdar’s first project in the Central Asian nation, was signed on the sidelines of the Astana International Forum.
Aside from Masdar, it was also signed by three other parties which are the Ministry of Energy of the Republic of Kazakhstan the Kazakhstan Investment Development Fund Management Company, and the joint stock company sovereign wealth fund Samruk-Kazyna.