Follow us at  twitter
rsz ministry of energy amp kazakh moe acwa power roadmap signingACWA Power has announced the signing of the Roadmap Agreement with the Ministry of Energy of Kazakhstan and Samruk-Kazyna, Kazakhstan's Investment Development Fund and sovereign wealth fund, for the 1 GW wind energy and battery storage project within the Central Asian country.
The agreement was signed by H.E. Almassadam Satkaliyev, Minister of Energy of the Republic of Kazakhstan; Nurlan Zhakupov, CEO of Samruk-Kazyna; Basil Yernat Duisenbekuly, Deputy Governor of the Zhetysu region; and Marco Arcelli, CEO of ACWA Power. The 1 GW wind project represents ACWA Power's entry into Kazakhstan, with an investment tag of US$1.5 billion and completion scheduled for 2027.