Development Bank of Kazakhstan announces implementation of project on launch of new solar power plant in Almaty region

02.03.21 14:22
/KASE, March 2, 2021/ – Development Bank of Kazakhstan (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote In Kazakhstan, interest in renewable energy sources has increased in recent years largely due to the efforts of the government and support from the state. Currently, there are 116 RES facilities in the republic with an installed capacity of 1,685 MW. The generation of green energy at the end of 2020 amounted to 3.24 billion kWh. In general, for the first quarter of 2020, renewable energy sources generated 596.2 million kWh, which is 88% more than in the same period in 2019. For example, one of the latest "green" projects put into operation is the launch of a new solar power plant (SPP) with a capacity of 50 MW "Kaskelen 50 MW" in the Zhetygen rural district of the Ili district of the Almaty region. To date, the construction has been fully completed, the solar power plant was put into operation in 2020 and allows to reduce the electric deficit, to save fossil fuel, as well as to reduce greenhouse gas emissions by developing the available solar potential in the region. According to the planned indicators, the capacity of SPP "Kaskelen 50 MW" will amount to 66,884 thousand kWh of electricity per year, excluding degradation. unquote The complete press release is available on – https://kase.kz/files/emitters/BRKZ/brkz_reliz_020321_1.pdf [2021-03-02]