Sunday, July 21

Tag: Kazakhstan

TotalEnergies signs a 25-year PPA for a 1 GW Wind Project in Kazakhstan
International Updates

TotalEnergies signs a 25-year PPA for a 1 GW Wind Project in Kazakhstan

TotalEnergies confirms its commitment to the energy transition in Kazakhstan with the signature of a Power Purchase Agreement (PPA) for the Mirny project. This will be the first PPA signed in the country for a wind project of such scale. Located in the Zhambyl region, the project aims to build a 1 GW onshore wind farm combined with a 600 MWh battery energy storage system for a reliable power supply. It represents an investment of about $1.4 billion. After Irak, it is another prime example of TotalEnergies’ ability to leverage its position as a major partner in the upstream sector to speed up the development of renewable energy in oil and gas countries. The electricity to be produced by the Mirny project will be sold in its entirety to the Financial Settlement Center of Renewable Energy...