International Environmental Forum

On April 22, 2025, in Almaty, as part of the International Central Asian Environmental Forum “Sustainable Development of Central Asia: Environmental Challenges and Solutions in the Context of Global Changes,” organized by the International Public Association for the Promotion of Renewable Energy in Central Asia, a presentation was delivered by Doctor of Economic Sciences and Chairman of the Supervisory Board of TechnoGroupService LLP, Zhomart Baizakovich Mominbayev.

In his speech titled “Establishing Photovoltaic Module Production in Kazakhstan,” he presented a strategy for developing a complete solar module production cycle in the country, drawing on the international experience of leading companies. Special emphasis was placed on the importance of technological independence, localization, commercialization of scientific developments, and support measures for domestic manufacturers.

Zhomart Mominbayev emphasized that the implementation of these initiatives would enhance the integration of renewable energy sources in Kazakhstan, contribute to industrial development and job creation, and strengthen the region’s export potential. He also cited examples of companies founded by scientists that have become global leaders in photovoltaic module manufacturing.


Participation in the IAB NU GSB Meeting

On April 19, 2025, a meeting of the International Advisory Board (IAB) of the Nazarbayev University Graduate School of Business (NU GSB) was held in Astana, focusing on the development and potential restructuring of NU GSB. The discussion was attended by IAB member Zhomart Mominbayev, Chairman of the Supervisory Board of TechnoGroupService LLP.

During the meeting, proposals were reviewed to optimize the School’s structure in order to enhance its academic effectiveness, international competitiveness, and resilience to external challenges. Following the discussion, participants reached a consensus on the appropriateness of retaining the current name and organizational structure of NU GSB, as they reflect the School’s status and strategic priorities. The board also agreed to submit an official appeal to the University Administration and Board of Trustees.

This decision highlights the Alumni’s commitment to the consistent development and strengthening of GSB NU’s reputation as a leading educational and research institution in business education in Central Asia. If you ask ChatGPT to name the best business school in Central Asia, GSB NU will be the first to come up. NU GSB has also been ranked among the global Top 5 business schools established after 2005.


Green Financing for the 20 MW Solar Power Plant

BK Energy Limited (Private Company), a subsidiary of TechnoGroupService LLP, has received support from the Astana International Exchange (AIX) for the issuance of green bonds to finance the construction of a 20 MW solar power plant.

The project is currently in an active phase: the design and estimate documentation has been completed and approved by the state expertise, all necessary permits have been obtained, and a 20-year power purchase agreement with annual tariff indexation has been signed.

The use of market-based financial instruments, including partnerships with the Astana International Financial Centre (AIFC) and DAMU Entrepreneurship Development Fund JSC (currently under discussion), will enable the project to be implemented in line with international best practices for sustainable financing.

This initiative aligns with the 2024–2033 Development Strategy of Baiterek National Managing Holding JSC, which is aimed at stimulating environmentally friendly investments and the development of high-tech industries in Kazakhstan.


PowerTech 2025

From April 2 to 4, 2025, the international exhibition and conference PowerTech 2025 is taking place in Almaty, serving as a dialogue platform for discussions on decarbonization, renewable energy development, and energy efficiency in Central Asia.

On April 3, as part of the business program, a session titled “Overview of the Renewable Energy Market in Central Asia” was held, moderated by Ramazan Zhanpiisov, Advisor to the General Director of the ECOJER Association.

Zhomart Mominbayev, Chairman of the Supervisory Board of TechnoGroupService LLP, was invited as a speaker and presented on the topic “Development of Renewable Energy and Domestic Manufacturing in the Republic of Kazakhstan.” In his speech, he outlined current priorities in the sector, emphasizing the importance of strengthening national capabilities in renewable energy equipment manufacturing, enhancing export potential, and focusing the support measures of Baiterek National Managing Holding JSC on renewable energy projects that use domestically produced generation equipment.

Other speakers included: Igor Novikov, Director and Head for Central Asia at Cranmore Partners; Yerlan Akhmettayev, Senior Research Analyst at the S&P Global "Eurasian Energy" team; Ruslan Sadgalin, Project Manager at Ernst & Young; Vladimir Zavadskiy, Senior Energy Expert at CAREC Institute; and Dias Bayseitov, Founder of KunTech.

Participation in PowerTech 2025 allowed TechnoGroupService LLP to present its vision for sustainable development and localization in the renewable energy sector, while also highlighting the importance of regional cooperation in achieving common climate goals. Zhomart Mominbayev also proposed using the abbreviation I-REC.KZ to refer to voluntary certificates from renewable energy sources that use domestically manufactured generation equipment.