TotalEnergies, an energy leader on the global stage, reaffirms its dedication to the energy transition in Kazakhstan through the signing of a groundbreaking Power Purchase Agreement (PPA) for the Mirny project. This milestone marks the first PPA of such magnitude for a wind initiative in the country. Situated in the Zhambyl region, the project aims to construct a 1 GW onshore wind farm accompanied by a 600 MWh battery energy storage system, ensuring a reliable power supply. With an investment of approximately $1.4 billion, this venture exemplifies TotalEnergies' capacity to expedite the advancement of renewable energy in oil and gas nations, following its successful endeavors in Iraq.The entirety of the electricity generated by the Mirny project will be sold to the Financial Settlement Center of Renewable Energy, a government-owned entity responsible for supplying the national grid in Kazakhstan. This project will provide electricity to approximately 1 million people.The agreement was signed in Astana between Total Eren, an affiliate of TotalEnergies, and the FSC, in the presence of Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Almasadam Satkaliyev, the Minister of Energy and Mineral Resources of the Republic of Kazakhstan. TotalEnergies will collaborate with the National Wealth Fund Samruk-Kazyna and the National Company KazMunayGas, each holding a 20% stake in the project.Patrick Pouyanné, Chairman and CEO of TotalEnergies, conveyed his pride in spearheading the energy transition in Kazakhstan and lauded the Mirny project as an innovative endeavor. This wind and battery project will enhance the stability and resilience of the Kazakh power grid. Pouyanné expressed his gratitude to the Kazakh authorities for their unwavering support and cooperation throughout the process, emphasizing that this achievement is a significant milestone in TotalEnergies' multi-energy strategy. With their expertise in managing large-scale projects, TotalEnergies is poised to ensure the success of the Mirny project.The Mirny project, comprising approximately 200 turbines, stands as the largest wind energy initiative ever undertaken in Kazakhstan. Aligned with the goals of both the Kazakh and French authorities, this project will significantly contribute to Kazakhstan's target of sourcing 15% of its electricity from renewable sources by 2030. Moreover, it will result in the annual avoidance of approximately 3.5 million tons of CO2 emissions over the duration of the signed PPA.
TotalEnergies, an energy leader on the global stage, reaffirms its dedication to the energy transition in Kazakhstan through the signing of a groundbreaking Power Purchase Agreement (PPA) for the Mirny project. This milestone marks the first PPA of such magnitude for a wind initiative in the country. Situated in the Zhambyl region, the project aims to construct a 1 GW onshore wind farm accompanied by a 600 MWh battery energy storage system, ensuring a reliable power supply. With an investment of approximately $1.4 billion, this venture exemplifies TotalEnergies' capacity to expedite the advancement of renewable energy in oil and gas nations, following its successful endeavors in Iraq.The entirety of the electricity generated by the Mirny project will be sold to the Financial Settlement Center of Renewable Energy, a government-owned entity responsible for supplying the national grid in Kazakhstan. This project will provide electricity to approximately 1 million people.The agreement was signed in Astana between Total Eren, an affiliate of TotalEnergies, and the FSC, in the presence of Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Almasadam Satkaliyev, the Minister of Energy and Mineral Resources of the Republic of Kazakhstan. TotalEnergies will collaborate with the National Wealth Fund Samruk-Kazyna and the National Company KazMunayGas, each holding a 20% stake in the project.Patrick Pouyanné, Chairman and CEO of TotalEnergies, conveyed his pride in spearheading the energy transition in Kazakhstan and lauded the Mirny project as an innovative endeavor. This wind and battery project will enhance the stability and resilience of the Kazakh power grid. Pouyanné expressed his gratitude to the Kazakh authorities for their unwavering support and cooperation throughout the process, emphasizing that this achievement is a significant milestone in TotalEnergies' multi-energy strategy. With their expertise in managing large-scale projects, TotalEnergies is poised to ensure the success of the Mirny project.The Mirny project, comprising approximately 200 turbines, stands as the largest wind energy initiative ever undertaken in Kazakhstan. Aligned with the goals of both the Kazakh and French authorities, this project will significantly contribute to Kazakhstan's target of sourcing 15% of its electricity from renewable sources by 2030. Moreover, it will result in the annual avoidance of approximately 3.5 million tons of CO2 emissions over the duration of the signed PPA.
