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KAZAKH INVEST presented state support measures for renewable energy projects during the Renewable Energy Summit 2019

KAZAKH INVEST presented state support measures for renewable energy projects during the Renewable Energy Summit 2019

KAZAKH INVEST presented investment potential and state support measures for renewable energy projects at the Renewable Energy Summit 2019 in Nur-Sultan.

During the forum, the Deputy CEO of KAZAKH INVEST Birzhan Kaneshev noted that within last nine months of 2019, five renewable energy projects with a total capacity of 250 MW were launched with support of KAZAKH INVEST. For instance, three solar power plants (SES) were commissioned in September. Universal Energy implemented two projects: a 100 MW solar power plant in Almaty region and 30 MW plant in the East Kazakhstan region. Today, the German company Solarnet Investment GmbH launched a 50 MW solar power plant Agadyr village, Karaganda region with support of KAZAKH INVEST. This is the second renewable energy project by Solarnet Investment Gmbh in Karaganda region. Earlier in 2018, the company already implemented a project of 100 MW solar power plant in Saran.

In addition, before the end of 2019, it is planned to commission 4 renewable energy plants with support KAZAKH INVEST.

The III Renewable Energy Summit 2019 was attended by over 300 delegates from 15 countries, including Kazakhstan, Russia, China, South Korea, Ukraine, Great Britain, Israel, Kuwait, Kyrgyzstan, France, Turkey, Germany, Uzbekistan, Spain, Georgia.

The Summit aims to discuss the pros and cons of the use of renewable energy as well as the embodiment of the best ideas and effective solutions necessary for “green” future of our country and the entire global community.

The main event organizer is the Association of Renewable Energy of Kazakhstan, a non-profit organization uniting companies interested in developing a “green” economy and the co-organizer is the Foundation of the First President of the Republic of Kazakhstan – Elbasy (Leader of the Nation).

It is worth noting that the Summit was held within the framework of KAZAKHSTAN ENERGY WEEK 2019 / XII Eurasian Forum KAZENERGY, hosted by the KAZENERGY Association with the support of the Government of the Republic of Kazakhstan.

For more details refer to the official website - www.resummit.kz

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