Nurlan Zhakupov, Chairman of the Management Board of Samruk-Kazyna JSC, held a meeting with Abdulla Zayed, Masdar’s Executive Director, Business and Project Development.

The parties discussed the current status and next steps for the implementation of a 1 GW wind power project with an energy storage system in the Zhambyl Region, as well as prospects for further cooperation in renewable energy.

The project is being implemented as part of the strategic partnership between Kazakhstan and Masdar. The investment is estimated at $1.4 billion, with the facility scheduled to be commissioned in 2029.

The project includes the construction of a 1,000 MW wind power plant and a 300 MW energy storage system with a capacity of 600 MWh. The storage system will help smooth fluctuations in power generation and enhance the stability of the energy system.

The capsule-laying ceremony and the official launch of work at the project site took place on June 29 in the Zhambyl Region.

The project will help increase green power generation and strengthen the energy security of Kazakhstan’s southern regions, becoming an important part of the country’s renewable energy development.

Masdar is one of the world’s leading companies in renewable energy and sustainable development. Founded in 2006 in Abu Dhabi, UAE, Masdar operates in more than 40 countries, developing projects with a combined capacity of more than 20 GW.