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.

Who collects energy statistics in Kazakhstan?

Official energy statistics in Kazakhstan are the responsibility of the Committee on Statistics under the Ministry of National Economy. In 2016, the energy data collection system was modified as part of modernisation efforts by the Committee on Statistics.

How much solar energy does Kazakhstan use a year?

Solar energy can be widely used in two-thirds of the territory of the Republic of Kazakhstan. In the southern regions, the duration of solar radiation is from 2,800 to 3,000 hours per year, and the annual consumption of solar energy is from 1,280 to 1,870 kWh per 1 m2.

How big is solar capacity in Kazakhstan?

Back in 2015, Astana was predicting installed solar capacity by the end of 2020 to reach 714 MW. A government report last month said solar capacity had reached 467 MW. Indeed, renewables are still small fry in Kazakhstan. Today solar accounts for 56 percent of the country’s total renewable capacity.

Can solar power drive Kazakhstan's decarbonisation?

The focus now is on leveraging solar’s comparative advantages to drive forward Kazakhstan’s decarbonisation and harness its significant solar resources. This report builds on the first edition of solar investment opportunities in Kazakhstan.