Kazakhstan and China Collaborate on $114 Million Wind Turbine Plant

Kazakhstan’s Samruk Kazyna Sovereign Wealth Fund and China’s SANY Renewable Energy have begun constructing a $114 million wind turbine component plant in the Zhambyl Region. The facility, expected to be operational by late 2025, will manufacture key components like gondolas, hubs, and towers, generating over 300 jobs.

The plant aims to support Kazakhstan's wind power sector by providing locally produced components. Samruk Kazyna, in partnership with other stakeholders, plans to add nearly six gigawatts of renewable energy capacity by 2030 to address rising electricity demands.

“The localization level will increase to at least 30%. To achieve this, SANY RE plans to open a research and development center,” said Nurlan Zhakupov, the chairman of Samruk Kazyna’s Management Board.

Photo credit: Global Times

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© Свидетельство о постановке на учет периодического печатного издания, информационного агентства и сетевого издания №KZ15VPY00079493 выдано 19.10.2023