Masdar and Kazakhstan's sovereign wealth fund Samruk-Kazyna announced a landmark collaboration to develop up to 500MW of baseload renewable energy backed by battery energy storage systems (BESS), alongside 2GW of additional storage deployments across the country. The agreement—formalized during an. . The agreement was initially signed on 2 December 2023 in Dubai with UAE-based energy company Masdar. Two 500MW wind farms will be built under the agreement. Clearbrook will provide technologies for energy storage and virtual power plants. . Kazakhstan's renewable energy capacity could reach 19 gigawatts (GW) by 2030, representing at least 30% of the nation's total generating capacity, according to Nabi Aitzhanov, CEO of the Kazakhstan Electricity Grid Operating Company (KEGOC). It is planned to commission 9 RE projects with a total capacity of 455. This initiative will support Kazakhstan's goal of achieving carbon neutrality by 2060.
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