Kazakh president Kassym-Jomart Tokayev
Kazakhstan backs 20GW green hydrogen project
Project aims for FID in 2026, with first production by 2030
The Kazakh government has signed an investment agreement with Hyrasia One, a subsidiary of project developer Svevind, backing a 20GW green hydrogen project. The investment agreement covers land to be made available, access to infrastructure and unhindered movement of goods and capital, giving the project greater certainty for its investors, according to the developer. Hyrasia plans to build 40GW of wind and solar capacity on the steppes of southwestern Kazakhstan, supplying electricity to 20GW of electrolysers in an industrial park on the coast of the Caspian Sea. “Kazakhstan is an ideal location for clean energy and green hydrogen production. The vast steppes have excellent year-round wind
Also in this section
19 December 2024
More must be done to lower the cost of green hydrogen and its derivatives
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
