Through the 128 MW Nomad and M-KAT solar projects, Total Eren has not only forayed into Kazakhstan’s renewable energy scene, it has also stepped into the Central Asian market. Pictured is the 5.1 MW Mangassaye Solar Power Plant in France by Total Eren. (Photo Credit: Total Eren)
- Total Eren has commenced construction on its 2 solar power plants in Kazakhstan with 128 MW cumulative capacity
- 28 MW Nomad PV Project is being developed with financing coming from the EBRD in Kyzylorda region
- 100 MW M-KAT Solar Power Plant in Zhmabyl region are co-financed by the EBRD and ADB
- METKA EGN is the EPC contractor for the projects and plans to use single-axis trackers as the first time the technology will be used in the country
- Project commissioning is expected to be achieved by the end of 2019 and power generated will be sold to KEGOC’s Financial Settlement Center for Renewable Energy Sources (FSC) for 15-year period each
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(09. October 2019)
French renewable energy independent power producer (IPP) Total Eren has started construction on its 2 solar power projects in Kazakhstan that represent 128 MW of total capacity. For both these projects, Total Eren has signed financial agreements and expects financial closure in the coming weeks. The 2 projects are expected to cost approximately KZT 59.7 billion ($157 million).
One of the projects is the 28 MW Nomad Solar Power Plant being built close to Zhalagash, a village in Kyzylorda region. The European Bank for Reconstruction and Development (EBRD) has lent KZT 9.8 billion ($26 million) for tis project, which is Total Eren’s first solar power plant in the country being developed together with Access Infra Central Asia. In October 2018, EBRD signed a $35 million loan and project support agreement with the 2 companies (see $35Mn EBRD Loan For Kazakh PV Project).
The second and the larger of the 2 projects is the 100 MW M-KAT Solar Power Plant, located next to Shu village in Zhambyl region. It is co-financed with loans worth KZT 11.3 billion ($30.5 million) from Asian Development Bank (ADB) and KZT 21.5 billion ($58 million) from EBRD. Total Eren is working on this project also along with Access Infra (see €50mn EBRD Finance For 100 MW Kazakh PV Project).
Single-axis trackers will be used for both these projects, which, according to Total Eren, will be deployed for the first time in the country by Greek company METKA EGN that has been entrusted with EPC services.
Total Eren expects the entire 128 MW to come online by the end of 2019 and on completion this capacity is likely to generate 225 GWh of clean power annually which it will sell to the Financial Settlement Center for Renewable Energy Sources (FSC) for a 15-year period under a power purchase agreement (PPA). FSC has been created by the Kazakhstan Electricity Grid Operating Company (KEGOC) specifically to buy renewable energy.
Total has more than 2.4 GW gross renewable energy capacity of solar, wind and hydro power plants either under operation or construction globally. By 2022, it aims to have a global net installed capacity of more than 3 GW on top of its NovEnergia power plants (see Total Eren To Acquire European RE IPP).