III International Fuel and Energy Summit

On September 11, 2024, the III International Fuel and Energy Summit was held in Astana, organized by BSG with the support of the Renewable Energy Association "Qazaq Green" and the Kazakhstan Electric Power Association. The event brought together representatives from oil, gas, and energy companies, government bodies, the expert community, and service companies.

One of the key sessions of the summit was the discussion on "Ecology and Safety of the Fuel and Energy Complex," moderated by Zhomart Mominbayev, a member of the Board of Directors of the Renewable Energy Association "Qazaq Green" and a Partner of "TechnoGroupService" LLP. The session addressed important issues related to environmental safety and the implementation of innovative technologies to minimize environmental risks in the energy sector. Participants discussed measures to reduce harmful emissions and enhance the industry's resilience to environmental challenges.


Participation in Energy Week Central Asia & Caspian

Partner of "TechnoGroupService" LLP Zhomart Mominbayev spoke at Energy Week Central Asia & Caspian 2024, held in Astana on September 5-6, 2024. This annual event brings together representatives of government bodies, large companies, as well as international investors and technology developers. In his speech, Zhomart Mominbayev emphasized the importance of developing renewable energy in Kazakhstan and Central Asia in line with the goals set by the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev. These goals include increasing GDP, developing domestic energy engineering, achieving carbon neutrality by 2060, and utilizing local components and materials.

During his address, Zhomart Mominbayev also cited China's successful experience. Thanks to large-scale investments and government support, China exceeded its renewable energy targets six years ahead of schedule, reaching 1,200 GW of renewable energy capacity in July 2024. Of the 163 GW of wind energy capacity, 97 GW, or 60%, is localized in China. In the solar module manufacturing sector, of the 461 GW of installed capacity, China controls 400 GW, or 86.7%.

In conclusion, Zhomart Mominbayev noted that to achieve Kazakhstan's ambitious goals, it is essential to support and develop domestic production of renewable energy technologies. This will not only accelerate the transition to "green" energy but also provide Kazakhstan with a competitive advantage in the Central Asian region. Special attention should be given to issues of financing, industry guarantees, and export support, including the creation of export cartels to implement turnkey renewable energy projects.


TGS - Eurasian Competition Finalist

We are proud to announce that the project "Construction of a solar power plant with financing by issuing Green Bonds", implemented by “TechnoGroupService” LLP, has earned an honorable second place in the "Low-Carbon Energy" category at the Eurasian Economic Commission's competition. The event was organized in collaboration with the Autonomous Non-Profit Organization "Agency for Strategic Initiatives to Promote New Projects." Our project was recognized as one of the best practices in sustainable energy for its contribution to reducing greenhouse gas emissions and decreasing reliance on fossil fuels.

These results highlight the significance and relevance of our renewable energy solutions. The high level of professionalism demonstrated by our team, coupled with our commitment to environmentally responsible practices, helps us achieve both ecological and economic goals, while also enhancing the company's reputation on the international stage. The implementation of the 50 MW "Kun Bulagy" Solar Power Plant project, funded through the issuance of Green Bonds on the KASE stock exchange, amounting to up to $25 million USD, and featuring the export of advanced Kazakhstani equipment and materials, fully aligns with the address of the President of Kazakhstan, Kassym-Jomart Tokayev, to the nation on September 2, 2024.


Integration Processes in Central Asia

An important event for the process of integration among Central Asian countries was the investment forum held as part of the trade and economic mission of the Republic of Kazakhstan to the Republic of Tajikistan, which took place from August 19 to 22, 2024, in Dushanbe. One of the key topics of the forum was the development of cooperation between the brotherly countries in the field of green energy, aimed at addressing the growing negative environmental and economic consequences of water and electricity shortages.

"TechnoGroupService" LLP, following its primary mission of developing the green economy in the region, actively participated in the Forum and B2B meetings. The Deputy Director of Business Development, Zhomart Nurkanov, along with partners in the field of clean silicon production, scientist Berik Rakhimbaev and geologist Makhambet Suleimenov, held a meeting with the Minister of Industry and New Technologies of the Republic of Tajikistan, Sherali Kabir, during which they discussed the prospects of cooperation on "green" projects, including the construction of solar power plants (SPP), the establishment of photovoltaic module production, and the processing and production of pure silicon from high-quality quartz. The Minister emphasized the importance of localizing production in Tajikistan when developing renewable energy sources and supported the idea of advancing the proposed projects.

During a meeting with the management of the diversified company AVESTA Group, Zhomart Nurkanov proposed cooperation in the construction of solar power plants. At the conclusion of the business forum, "TechnoGroupService" LLP signed memorandums of cooperation on projects for the construction of solar power plants, the production of photovoltaic modules, and the production of pure silicon from quartz mined at a quartz deposit in the Sughd Region in northern Tajikistan.

The development of these projects will enable the Central Asian countries to ensure the strategic development of their own technologies in the field of solar energy, where the infrastructural and fiscal support from the Governments of both countries is crucial.