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    A wind farm to be built in south Kazakhstan following ESG principles


    June 29, 2022 - Interfax Kazakhstan General Newswire

     

      NUR-SULTAN. June 29 (Interfax-Kazakhstan) - A new wind farm will be built in the Sarysu district of the Zhambyl region in accordance with the Environmental, Social, Governance (ESG) principles, Eurasian Development Bank (EDB) said in a press release on Wednesday.

      The installed capacity of the new farm will be 100 MW.

      "The environmental value of the project is that it will minimize a negative impact on the climate change. It is expected that avoided CO2 emissions will amount to 229,858 tonnes," EDB Deputy CEO Amangeldy Isenov is quoted as saying.

      The press service of the Energy Ministry told Interfax-Kazakhstan that as many as 10 renewable energy sources (RES) projects with a total capacity of 290.6 MW will be commissioned in 2022 and another 53 RES projects (1,074 MW) by 2025.

      At the moment, there are 136 RES farms are in operation in the republic, with a total installed capacity of 2,065 MW, including 40 wind farms (684 MW), 51 solar farms (1,093 MW), 40 hydro plants (280 MW), and 5 bio-power plants (8 MW), according to the Energy Ministry.

      In 2021, the RES farms in Kazakhstan generated 4.2 billion kWh of electricity or 3.69% of the country's total production, demonstrating a 30% increase from 2020.

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