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 […]

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 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 […]

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 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 […]

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 […]

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 […]

Kazakhstan is building a combined heat and power plant (CHP) with a capacity of 11MW. The European Bank for Reconstruction and Development (EBRD) is providing a loan worth €5.9 million (£4.4m) for the remaining construction work and to connect the facility to the grid. The EBRD said the plant, located in the city of Atyrau […]

An agreement has been signed by 12 universities to improve regional co-operation in transferring nuclear knowledge. It aims to bring together universities from six countries in Eastern Europe and Central Asia, including Azerbaijan, Belarus and Kazakhstan. It is the fifth regional network launched by the International Atomic Energy Agency (IAEA). It aims to collaborate in nuclear education programmes and nuclear […]

Kazakhstan has signed an agreement to set up a nuclear fuel bank in Oskemen. The country will operate the bank which will be a physical reserve of Low Enriched Uranium (LEU) for International Atomic Energy Agency (IAEA) Member States. It follows the project announcement made last month. LEU is the basic ingredient of nuclear fuel. The bank […]