Kazakhstan is set to begin operations of a new plant by late 2025 that will manufacture essential components for wind power plants, including nacelles, hubs, and towers. This project is a significant initiative in Kazakhstan’s strategy to enhance renewable energy production and reduce reliance on traditional energy sources.
Investment and Localization
Nurlan Zhakupov, Chairman of the Board at Samruk-Kazyna, highlighted the importance of the initiative, stating that it involves attracting $114 million in direct foreign investment. He noted that the project will be implemented without additional loans from Kazakhstan’s development institutions, with a localization target of at least 30%. To support this initiative, SANY Renewable Energy plans to establish a new R&D center in Kazakhstan.
Renewable Energy Goals
Samruk-Kazyna aims to commission 6 GW of renewable energy sources by 2030, collaborating with various partners to meet Kazakhstan’s growing energy demands while promoting sustainable development. This aligns with the country’s broader goals of transitioning to cleaner energy solutions.
SANY Group’s Role
SANY Renewable Energy, a division of the leading Chinese engineering and manufacturing company SANY Group, brings expertise in renewable energy technology that complements Kazakhstan’s ambitions for a sustainable energy future. Established in 2008, Samruk-Kazyna manages key strategic assets in Kazakhstan, including major corporations like Air Astana, Kazatomprom, and KazMunayGas, playing a vital role in the nation’s economic development.
Conclusion
This new plant represents a crucial step in Kazakhstan’s commitment to expanding its renewable energy sector, paving the way for a more sustainable and self-sufficient energy future. As the country seeks to enhance its energy infrastructure, collaborations with international firms like SANY will be essential for achieving its ambitious renewable energy targets.
Sources
- Samruk-Kazyna – Official Website
- SANY Group – Renewable Energy Division
- Kazakhstan Renewable Energy Strategy – Government Report
