How much does solar energy cost in Kazakhstan?

Kazakhstan electricity and power market operator JSC Korem has allocated 20 MW of PV capacity in a solar energy auction finalized this month. JSC Korem received 14 project proposals with a combined capacity of 60 MW in the procurement exercise and prices ranged from KZT16,96 ($0.0392) to KZT12,87 ($0.0297)/kWh.

Will there be another 20 MW solar auction in Kazakhstan?

The Kazakh authorities allocated 20 MW of PV capacity in the procurement exercise and said another 20 MW solar auction will be held next year. Kazakhstan has currently an installed PV capacity of over 1.7 GW. Kazakhstan electricity and power market operator JSC Korem has allocated 20 MW of PV capacity in a solar energy auction finalized this month.

How many solar power plants are there in Kazakhstan?

Solar Power: The potential of solar energy in Kazakhstan is estimated at 2.5 billion kWh per year. Solar energy can be widely used in two-thirds of Kazakhstan’s territory. The government aimed to put 28 solar power plants into operation by the end of 2021, and met this goal, with currently 51 solar power plants in operation.

Is Kazakhstan a good place to invest in solar power?

Kazakhstan has remarkable solar potential with a very well-designed auction system, a clear renewable capacity addition schedule, and a solid decarbonisation target. The country is now also including storage systems as part of its public procurement strategy in a move that will ease further integration of renewables into the grid.

How big is solar capacity in Kazakhstan?

Back in 2015, Astana was predicting installed solar capacity by the end of 2020 to reach 714 MW. A government report last month said solar capacity had reached 467 MW. Indeed, renewables are still small fry in Kazakhstan. Today solar accounts for 56 percent of the country’s total renewable capacity.

What is Kazakhstan's largest solar project?

Kazakhstan’s largest solar project – a 100 MW field in Saran, Karaganda Province – was opened last year by a German company, also with EBRD backing. Russian engineers doubled capacity at the EBRD-backed Burnoye plant in Zhambyl in 2018.