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
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