Three Chinese energy groups have signed agreements with the Kazakh energy company Samruk Energy, which is owned by the sovereign state fund Samruk-Kazyna, for the development of four renewable projects in Kazakhstan totalling 2,610 MW.
China Power International Holding has signed an agreement with Samruk Energy to develop a 1 GW wind power plant equipped with an energy storage system in the Zhambyl region, while Power China Resources has agreed with the Kazakh company on the development of an 810 MW wind and hydropower power plant in the Almaty region. In addition, China Energy International Group has signed a deal with Samruk Energy to develop two renewable projects in Kazakhstan totalling 800 MW. Specifically, the agreement includes the construction of a 500 MW wind power plant in the Karaganda region and a 300 MW solar power plant in the Turkestan region.
In January 2024, Kazakhstan unveiled a plan to develop 26 GW of additional installed capacity by 2035. 5.6 GW of the new planned capacity would come from the refurbishment and expansion of existing power plants, while the rest will come from new power plants. The plan targets a 2035 installed capacity mix made up of 34.3% of coal, 25.8% of gas, 24.4% of renewables (solar and wind), and 10.8% of hydropower.
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