TotalEnergies advances Kazakhstan 1 GW wind site with 600 MWh co-located battery

TotalEnergies has announced that it has taken the final investment decision (FID) with secured financing for the Mirny onshore wind and battery energy storage system (BESS) project in Kazakhstan

The Mirny site has been is under development for some time, with Aktos Energy, along with Kazakh state-owned oil and gas companies Samruk-Energo JSC and Kaz Munay Gas and French energy giant and oil supermajor TotalEnergies involved.

An already announced back in 2023, a 25-year Power Purchase Agreement (PPA) was signed with the the Government of Kazakhstan. TotalEnergies said the project’s investment amounts to $1.2 billion, with about 75% externally financed.

The financing was announced as a Common Terms Agreement (CTA) with an international lending consortium including EBRD, Proparco, DBK, DEG, Société Générale, QNB Group, China Construction Bank, and Standard Chartered.

The site is set to supply more than a million households with 4 TWh of clean electricity annually, and previously, Chinese manufacturer Envision Energy announced the wind turbine supply deal, with 124 of its 6.5 MW turbines. The latest announcement suggested 150 turbines will be installed to supply around 1 million people in Kazakhstan.

“We are delighted to launch one of Kazakhstan’s largest renewable energy initiatives to date, thereby contributing to the country’s target of increasing the share of renewables in electricity generation to 15% by 2030. We look forward to advancing construction of the Mirny project alongside our partners and in cooperation with the Kazakhstani authorities”, said Olivier Jouny, SVP Renewables at TotalEnergies. “This 1 GW onshore wind farm will also contribute to the   9 GW renewables portfolio that we are combining with Masdar through a 50/50 joint venture across nine Asian countries, including Kazakhstan.”