Russian, French and Chinese companies are coming together to develop a 12 MW solar power plant in Kazakhstan. It will be located in Shetpe village of Mangistau region of the country.
Technology for the plant will come from France, while the Chinese company will undertake responsibility of construction and investment. Name of the Chinese company is not known.
French company ECM Technologies and the Mangistau Energy and Housing Department signed an agreement to this effect in May 2017.
Investment on the project is likely to be around $20 million.
In 2015, European Bank for Reconstruction and Development (EBRD) had announced lending €80 million ($89.84 million) to support a PV project of 50 MW capacity. EBRD stated that Burnoye Solar was the first large scale solar plant in the country.
Kazakhstan wants to have half of its total energy consumption supplied by renewable energy sources by 2050.