Kazakhstan’s renewable future looks sunny with 50MW solar plant

The EBRD and GCF are providing a joint loan of $50.4 million to help fund the project

Kazakhstan launches online hub for greenhouse gases reporting

An online platform to monitor, report and verify emissions sources and greenhouse gases has been launched in Kazakhstan. It is part of the National Emissions Trading System, which was launched in 2013 as the nation’s main instrument to regulate domestic CO2 emissions. The platform enables major emitters to transmit and record data on emissions as […]

UN nuclear watchdog opens uranium bank

The UN nuclear watchdog has opened what is said to be the world’s first uranium bank in Kazakhstan. The $150 million (£116.5m) facility at the Ulba Metallurgical Plant (UMP) in the eastern city of Ust-Kamenoforsk is designed to reduce nuclear proliferation risks. The International Atomic Energy Agency (IAEA), which owns and manages the new Low […]

Oil rig hovercraft deal gets off the ground

A Southampton-based hovercraft manufacturer has signed a deal to clear oil spills and support offshore rigs in Kazakhstan. Griffon Hoverwork has initially agreed to conduct a study into the role its hovercraft could play in the Caspian Sea – the project could potentially create more than 70 new jobs and generate more than £100 million […]

Sun shines on Kazakhstan with $54.5m solar loan

A 50MW solar project in Kazakhstan has secured long term loans of $54.5 million (£42.9m). The Burnoye Solar-2 facility will receive $44.5 million (£35m) from the European Bank for Reconstruction and Development (EBRD) and $10 million (£7.9m) from the Clean Technology Fund (CTF). The investment in the southern Zhambyl region follows the construction of Burnoye Solar-1, the country’s first utility-scale […]

Kazakhstan loaned £21.7m for heat meters in homes

Kazakhstan has received a $27 million (£21.7m) loan to install heat meters in residential buildings. The finance from the European Bank for Reconstruction and Development (EBRD) is intended to continue supporting the nation’s goal to improve its energy efficiency and sustainability credentials, known as the ‘green economy’ strategy. Kazakhstan is a country of extreme temperatures – freezing winters can drop to […]

Kazakhstan develops online emissions reporting platform

A new online platform for greenhouse gases reporting is being developed in Kazakhstan. The electronic platform or “cadaster” will allow major emitters make online submissions in accordance with new amendments to the nation’s Environmental Code. The system is expected to be fully operational by the end of this year. It will also support the re-launch […]

Kazakhstan to cut uranium output by 10%

Kazakhstan is to cut its uranium output by 10% in 2017. The world’s biggest producer of the nuclear fuel plans to make the reduction in the face of a prolonged supply glut that has seen its price fall from $50 (£40.6) to 20$ (£16.25) a pound over the last five years. This drop is thought […]

Green projects in Kazakhstan get €200m funding

The EU has provided €200 million (£169.04m) of funding to support small sustainable projects in Kazakhstan. The European Investment Bank (EIB) has signed two contracts to finance small and medium-sized businesses (SMEs) working to mitigate climate change and protect the environment. By helping these small companies, the EIB will support the country in achieving its key policy objective of […]

Kazakhstan pledges more investment in renewables

The Government of The Republic of Kazakhstan has pledged to continue investing in renewable energy regardless of the fluctuations in oil prices. The nation currently has 48 wind, hydropower, biogas and solar plants in operation with a total capacity of 252.37MW. Speaking at the Future Energy Forum in Astana, Energy Minister Kanat Bozumbayev said the […]