On December 11, 2024, a round table titled “Summing up the Year on Renewable Energy Development in Kazakhstan in 2024” was held in Astana, organized by the Renewable Energy Association “Qazaq Green.”

The forum brought together representatives of the Mazhilis of the Parliament of the Republic of Kazakhstan, leaders of the Ministry of Energy of the Republic of Kazakhstan, JSC “KEGOC,” government agencies, companies, and leading experts in the renewable energy sector. They discussed the results and prospects for the development of renewable energy facilities.

The key topic of the round table was addressing issues in the balancing electricity market caused by the growth in renewable energy generation. In this regard, discussions highlighted current aspects of integrating renewable energy into Kazakhstan's Unified Electric Power System (UEPS), the development of Battery Energy Storage Systems (BESS), and the regulatory framework for Energy Storage Systems (ESS) in Kazakhstan. Huawei presented technologies, technical requirements, and key challenges for developing BESS systems.

As part of the event, an award ceremony was held, where TechnoGroupService LLP’s Business Development Representative, Nurkanov Zh.Zh., received the industry award “Honored Professional in Renewable Energy.” This recognition symbolizes the company’s significant contribution to the development of green energy in Kazakhstan.

On December 5, Deputy Prime Minister of Kazakhstan, Serik Zhumangarin, met in Urumqi with Ma Xingrui, Secretary of the Communist Party of China for the Xinjiang Uygur Autonomous Region (XUAR). During the meeting, the participants discussed current issues of cooperation and prospects for intensifying collaboration.

XUAR is Kazakhstan's largest trading partner among all regions of China, accounting for almost half of the bilateral trade turnover between Kazakhstan and China. Last year, the volume of foreign trade with XUAR increased by 62%, reaching $20.3 billion. In the first nine months of 2024, trade turnover between Kazakhstan and XUAR grew by 22.46%, reaching $17.67 billion.

The delegation included the Chairman of the Supervisory Board of TechnoGroupService LLP, Mominbayev Zh.B., who signed an agreement with the Chinese energy engineering corporation Sieyuan on cooperation in the production of industrial energy storage systems in Kazakhstan at the SEZ "PIT Alatau" in Almaty.

Official Information Resource of the Prime Minister of the Republic of Kazakhstan

On December 2, 2024, the Kazakh-British Technical University (KBTU) hosted a meeting of the Industrial Committee of the School of Materials Science and Green Technologies (SMSGT), during which the Dean of the School Beisenkhanov N.B. summed up the overall academic performance and the results of the summer student practice.

Zhomart Mominbayev, Chairman of the Industrial Committee of the SMSGT KBTU, also delivered a guest lecture, telling the students about the results of the trip to COP29 in Baku and modern projects of TechnoGroupService LLP (TGS) aimed at solving environmental problems and developing domestic production. In particular, attention was paid to combating desertification of the Aral Sea and the negative impact of climate change on the Central Asian region.

The participants of the meeting had a unique opportunity to learn about how science and industry can cooperate to solve global environmental challenges. To the question of a 4th-year student Oteu Temirlan about the expediency of organizing the production of domestic equipment in the field of renewable energy, Mominbayev Zh. gave a detailed answer, gave examples of a positive impact on the economy and the need to develop domestic value in the long term. Thus, import substitution issues should be discussed not only within the walls of Parliament and Ministries, but also in schools and universities of Kazakhstan.

TGS continues to actively develop projects in the field of green technologies, providing students with the opportunity to complete an internship, gain useful knowledge and skills to work in the most sought-after and promising areas.

On November 19, 2024, at the COP29 international conference in Baku, Azerbaijan, the “Kun Bulagy” solar power plant (Kyrgyzstan) project with a capacity of 50 MW was presented as part of the Climate Project Showcase. This project is the first in Central Asia to be financed using the green bond mechanism and has been included in UNECE's global portfolio of climate initiatives.

The project was recognized for its unique contribution to the development of renewable energy and identified as a promising investment solution for advancing Nationally Determined Contributions (NDCs). During the session organized by the High-Level Climate Champions team, with the participation of Daniel Costa and Sagarika Chatterjee, key aspects of developing and financing climate projects, including the needs of project developers and investor expectations, were discussed.

Additionally, the project was highlighted at the "Climate Solutions Investment Opportunities" session by Aruzhan Mominbayeva, a project manager at TechnoGroupService’s Center for Green Technologies. In her speech, she emphasized the role of sustainable financing in implementing large-scale environmental initiatives like “Kun Bulagy.”

Kun Bulagy: A Pioneering Approach to Energy

The "Kun Bulagy" solar power plant will not only help reduce the carbon footprint and strengthen energy security in the region but also serve as a model for utilizing sustainable financial instruments such as green bonds. The project aims to create jobs, reduce emissions, and support local production, fully aligning with Kazakhstan's strategic sustainable development goals.

Participation in an international initiative and inclusion in UNECE's global climate portfolio underscores the project's significance for the global climate agenda. This opens up new opportunities for attracting investments and strengthening TechnoGroupService’s position as a leader in renewable energy.

The "Kun Bulagy" project demonstrates how innovative solutions and sustainable financing can drive the global energy transition. TechnoGroupService is proud of its contribution to the development of renewable energy and continues to actively pursue the implementation of ambitious climate initiatives.