Kazakhstan, UAE’s Masdar to build USD 1.4 bn wind energy project: Kazakhstan’s government ratified an agreement with the UAE to develop a USD 1.4 bn wind power project in the country’s Jambyl region in partnership with Masdar, Kazakhstan Today reports.

The details: The 1 GW wind farm will include a 300 MW energy storage system, one of the first of its kind in the country, and will generate 3.4 bn kWh of energy annually — cutting CO2 emissions by 2 mn tons per year.

The project is expected to create 1k construction jobs and up to 100 permanent roles, while also supporting local supply chains and energy transit between Kazakhstan’s northern and southern regions via a 425-km transmission line.

ICYMI- The wind farm agreement builds on a series of agreements Masdar signed with Kazakhstan throughout 2023 and 2024. At COP28, Masdar inked a joint development agreement with W Solar, Qazaq Green Power, and the Kazakhstan Investment Development Fund to develop the 1 GW project. November 2024 saw Masdar ink a power purchase agreement for the facility, which will include a 600 MWh battery storage system and supply power to 300k homes. Construction is slated to begin in 1Q 2026.

Tags: