Who won 40 MW solar project in Kazakhstan?

Heterojunction solar cell and module manufacturer Hevel Group controlled by Ream Management won 40 MW of solar projects in renewables auction held recently in Kazakhstan. Two solar power plants are to come online in 2022. The lowest bid secured new contracts increasing company’s portfolio in Kazakhstan to 288 MW of solar PV.

When will a solar plant be built in Kazakhstan?

Construction of PV plants is scheduled to complete by 2020, connected solar parks will feed United power system of Kazakhstan. This year Hevel is going to start construction works at 50 MW and 20 MW solar projects in south regions of Kazakhstan. The company was awarded both PV plants at the bidding round in 2018.

Does Hevel have a solar energy portfolio in Kazakhstan?

The lowest bid secured new contracts increasing company’s portfolio in Kazakhstan to 288 MW of solar PV. Hevel’s operational solar energy portfolio in the country consists of 8 facilities with a total capacity of more than 248 MW. The company’s largest PV project Nura began commercial operation in May this year.

When was LLP 'Kazakhstan solar silicon' created?

On August 3, 2011 - this date is historically considered to be the date of creation of LLP «Kazakhstan Solar Silicon». The design capacity of the main products - 60 MW A/m.

Is Kazakhstan a good place to invest in solar power?

Kazakhstan has remarkable solar potential with a very well-designed auction system, a clear renewable capacity addition schedule, and a solid decarbonisation target. The country is now also including storage systems as part of its public procurement strategy in a move that will ease further integration of renewables into the grid.

Can solar power drive Kazakhstan's Energy Transition?

However, Kazakhstan’s solar ambitions do not fully tap into its potential, and the technology could play a far larger role in the country’s energy transition due to its low cost and flexibility. The focus now is on leveraging solar’s comparative advantages to drive forward Kazakhstan’s decarbonisation and harness its significant solar resources.