Masdar signed an investment agreement with Kazakhstan’s government to develop a 1 GW wind farm in the Central-Asian country, according to a statement. The wind farm is set to be one of the biggest of its kind in Central Asia, Masdar chairman Sultan Ahmed Al Jaber said.

REMEMBER- Masdar signed the joint development agreement for this project at COP28 in December 2023, following a previous MoU signed in January. Alpha Dhabi subsidiary W Solar, Kazakhstani renewables firm Qazaq Green Power, and the Kazakhstan Investment Development Fund will develop the project along with the Emirati renewables giant.

Timeline and impact: The construction will commence in 1Q 2026, and when completed, it will provide power to 300k homes in the south of Kazakhstan, eliminating 2 mn tons of annual carbon emissions. The new facility is located in the Jambyl region, and will feature a 600 MWh battery energy storage system.

Masdar has been heavily investing in Asian green energy projects, signing an agreementwith Malaysia to proceed with the development of 10 GW worth of clean energy projects late last year. The company is also developing a 2 GW wind farm and 250 MW solar plant in Uzbekistan, as well as 1 GW worth of solar and wind projects in Azerbaijan. The company is also developing projects in Indonesia, including a plan to triple the size of its Cirata 145 MW floating solar plant and to explore green hydrogen projects. It also signed an agreement with Kyrgyzstan’s Ministry of Energy to establish 3.6 GW of hydropower and renewable energy projects.

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