Does China invest in New energy projects in Kazakhstan?

Nan Yi, chairman of the Chinese energy company, revealed that since 2015, the company has been investing in new energy projects in Kazakhstan, including photovoltaic and wind energy stations.

What is China-Kazakhstan Green Energy Cooperation?

The Kapshagay photovoltaic power station, one of the largest single solar power projects in the Central Asian country, is a part of the China-Kazakhstan green energy cooperation initiative, jointly invested in and constructed by the Chinese company Universal Energy and Kazakh counterparts.

Where is Kazakhstan's new energy plant located?

It’s located in Zhambyl, near Kazakhstan’s border with Kyrgyzstan, an area known to be energy-poor but sunshine-rich. Difficult but necessary regulatory reforms were critical to getting the plant online. Using resources from the Climate Investment Funds and its partners, Kazakhstan introduced what’s called a feed-in tariff on clean energy.

How much solar power does Kazakhstan have?

In just five short years, solar power capacity has catapulted to 300 megawatts nationwide, and if you add other renewables like wind and hydropower, that number exceeds 700 megawatts, enough power to supply around 200,000 families in Kazakhstan. To understand just how remarkable this is, you have to know the context.

Is Kazakhstan based on coal?

That’s Nurlan Kapenov, head of the national solar association. Since the country’s independence in 1991, he says Kazakhstan has relied heavily on its store of fossil fuels—including the largest coal reserves in Central Asia—to power an expanding economy. “For Kazakhstan, historically, most electricity generation is based on coal.

Does Kazakhstan rely on fossil fuels?

Almost every chemical on the periodic table. That’s Nurlan Kapenov, head of the national solar association. Since the country’s independence in 1991, he says Kazakhstan has relied heavily on its store of fossil fuels—including the largest coal reserves in Central Asia—to power an expanding economy.