Participation in an Open Dialogue on Renewable Energy

Participation in an Open Dialogue on Renewable Energy

On October 11, 2023, in Nur-Sultan, Zhomart Mominbaev, a Partner at TechnoGroupService LLP, participated in an open dialogue on renewable energy organized by the Kazakh Association of Renewable Energy "QAZAQ GREEN" at the initiative of Vice Minister of Energy of the Republic of Kazakhstan, Zhanat Nurmagambetov. The event also involved leaders of state and quasi-state organizations directly related to the power industry of Kazakhstan, as well as representatives of the business community implementing renewable energy projects in the country. The main topics for discussion during the meeting included issues related to the protection and support of the domestic processing industry in the field of renewable energy, current problems of development and integration of renewable energy sources, measures to ensure financial sustainability, and the stability of the country's power system.

Zhomart Mominbaev proposed amendments to the existing legislation of the Republic of Kazakhstan, suggesting the repeal of existing tax privileges, customs duties, and subsidized interest rates for imported materials and equipment in the field of renewable energy. A number of agreements were reached, and the parties agreed to further study the proposed suggestions and questions.

The meeting proceeded in a constructive dialogue. Summing up, Vice Minister of Energy of the Republic of Kazakhstan, Zhanat Nurmagambetov, urged participants to actively engage in protecting their interests during the implementation of major renewable energy projects, the application of energy storage systems, analysis of the activities of renewable energy sources for the past 3 months, and more.

In turn, we sincerely thank the organizers of this meeting, represented by the Chairman of the Board of the Association of Renewable Energy "QAZAQ GREEN," N.N. Kapenov, for facilitating the dialogue between businesses and representatives of government bodies and organizations.