At the forefront of renewable energy development in Kazakhstan

At the forefront of renewable energy development in Kazakhstan

On January 25, 2024, under the chairmanship of the Prime Minister of the Republic of Kazakhstan Alikhan Smailov, a significant meeting of domestic producers was held with the support of the Atameken National Chamber of Entrepreneurs. Among the meeting participants was the Business Development Director of TechnoGroupService LLP Zhomart Nurkanov.

Success story and new horizons. Since 2018, TechnoGroupService LLP has been actively implementing projects in the field of renewable energy sources. In 2021, the company received the prestigious Altyn Sapa Presidential Award for its projects in the field of green energy, which underscores its leading position in the industry.

Expansion of production and export potential. The key point of the report was the announcement of the launch of its own production of solar modules with a capacity of 100 MW by the end of 2024. Taking into account the market potential and the growing demand for photovoltaic modules, the company estimates the annual production volume at 6 billion tenge. This is a significant step towards developing export opportunities, including to Central Asian countries, Azerbaijan and Mongolia.

Contribution to innovation and collaboration. TechnoGroupService LLP actively cooperates with the Institute of Physics and Technology and the Kazakh-British Technical University, introducing the latest developments in the field of photovoltaic module elements. In addition, the company, in partnership with PowerChina, is creating the production of metal elements for wind power towers.

Support for investment and development of local production. As part of the strategy to stimulate investment in Kazakh production, TechnoGroupService LLP proposed a number of measures, including the abolition of tax incentives for solar power plants and wind farms, the production of equipment for which is established in Kazakhstan, as well as the introduction of financial instruments that support the export of Kazakhstani goods and services.

A look into the future. TechnoGroupService LLP plans to begin construction of the first stage of a 50 MW solar power plant in the Kyrgyz Republic in early 2024, demonstrating its ambitions and contribution to regional renewable energy development. Focusing on significant achievements and ambitious plans, the company contributes to economic growth and sustainable development of the region, opening up new opportunities in this dynamically developing industry.