Austrian Businesses Can Key In Backing Kazakh Green Energy - Economic Chamber (Exclusive)

(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 1. Austrian companiescan play a key role in supporting the Kazakh energy sector towardsa greener future, a source at Advantage Austria, the tradepromotion organization of the Austrian Federal Economic Chamber,told Trend .

"Austria has a strong green energy sector with outstanding firmsthat possess a plethora of expertise and cutting-edge technologies partnership in this sector will help Kazakhstan achieveits 2060 energy transition goals. Austrian enterprises with a solidbasis in renewable energy solutions, including hydroelectric power,wind energy, and solar power, might play a vital role in aiding theKazakh energy sector towards a greener future," the sourcesaid.

Concerning Austrian companies' participation in traditionalenergy projects, the source stated that there is only one globallyengaged energy company in Austria - OMV - and that AdvantageAustria has no knowledge regarding its involvement in Kazakhstanprojects.

Meanwhile, Kazakhstan's renewable energy installations generated6.675 billion kWh of electricity by the end of 2023. This volumeaccounts for 5.92 percent of total electrical energy production in2023.

The country currently has 147 renewable energy facilities (over100 kW) with an installed capacity of 2,903.54 MW: 59 wind powerplants with a capacity of 1,409.55 MW; 46 solar power plantfacilities with a capacity of 1,222.61 MW; 39 hydroelectric powerplants with a capacity of 269.605 MW; and three biogas power plantfacilities with a capacity of 1.77 MW.

Furthermore, by the end of 2023, 16 renewable energy facilitieswith a total installed capacity of 495.57 MW had been operational:12 wind farms with a total capacity of 437.1 MW in the Akmola andZhetysu regions, 2 hydroelectric power plants with a total capacityof 3.7 MW in the Almaty and Turkestan regions, and two solar powerplants with a capacity of 54.77 MW in the Turkestan region.

By 2027, it is planned to commission 25 renewable energyprojects with a capacity of 599.85 MW.


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