- Published: 12 June 2023 12 June 2023
Masdar has signed a roadmap for developing up to a 1 GW wind power plant in Kazakhstan. The roadmap for developing the up to 1 GW wind project, with a battery energy storage system (BEES), was signed by four partners.
The signatories were: Masdar, the Ministry of Energy of the Republic of Kazakhstan, the Kazakhstan Investment Development Fund (KIDF) Management Company Ltd., and Samruk-Kazyna, a joint stock company sovereign wealth fund. Kazakhstan aims to become carbon neutral by 2060 and is targeting 50 percent renewable electricity generation by 2050. The up to 1 GW wind farm, with BESS, is Masdar’s first project in the country.