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The cost of the programme is estimated at KZT 1,100 billion (c. €5.3 billion). A plan to develop alternative and renewable energy in Kazakhstan for 2013-2020 was adopted by the Government in 2013. The plan aims to install about 1040 MW renewable energy capacity by 2020, including 793 MW from wind, 170 MW from hydro and 4 MW from solar sources.
Kazakhstan started looking for ways to use its renewable energy sources. [9] In 2015, an action plan was adopted on the development of renewable energy for the period of 2013 to 2020. [9] Also in 2015, Kazakhstan Investment and Development Minister announced that the country would establish a special fund engaged in financing energy-saving ...
This strategy laid the groundwork for Kazakhstan's commitment to sustainable energy, including the concept adoption for green economy in 2013, which set ambitious targets for the power sector to achieve 50% alternative and renewable energy by 2050, along with plans to integrate 1.5 GWe of nuclear energy by 2030 and 2.0 GWe by 2050.
Financial Settlement Centre for Renewable Energy Sources LLP (FSC RES LLP) was established in 2013 to encourage investments in renewable energy sector and increase the share of renewable energy in Kazakhstan's energy mix through government-guaranteed and centralized electricity purchase of all electricity produced by all renewable energy ...
The company was founded in 2007. It is a wholly owned subsidiary of Samruk-Kazyna, Kazakhstan's sovereign wealth fund. [2] The company was set up to modernize Kazakhstan's energy sector. It focuses on reducing Foreign exchange risk, improving operational efficiency, and identifying renewable energy opportunities. [1] [3]
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Expo 2017 Astana was an International Exposition which took place from June 10 to September 10, 2017 in Astana, Kazakhstan.The expo's theme was "Future Energy", and aimed to create a global debate between countries, nongovernmental organizations, companies and the general public on the crucial question: "How do we ensure safe and sustainable access to energy for all while reducing CO 2 emissions?"