Kazakhstan awards 148 MW in this year’s renewables tenders

December 14 (Renewables Now) – Kazakhstan has awarded 147.95 MW of projects in its latest auction rounds for renewable energy capacity, power market operator JSC KOREM announced.

The selected proposals include wind, solar photovoltaic (PV), hydropower and biogas technologies. A total of 493.9 MW of projects participated in the bidding, while 250 MW were auctioned, KOREM said on Friday.

Overall, the tender rounds were about two times oversubscribed, with the wind category attracting the greatest interest and a five-time oversubscription. Most of the bids were placed by Kazakh companies, while proposals were also launched by companies from the Netherlands, Germany and Russia.

The following table contains details about each category.

Technology Capacity awarded (MW) Capacity auctioned (MW) Capacity offered (MW) Lowest bid (KZT/kWh)
Wind 64.95 65 329.8 15.9
Solar PV 60 55 136.15 14.58
Hydropower 23 120 23 13.48
Biogas 0 10 4.95
Total 147.95 250 493.9

Source: https://renewablesnow.com/news/kazakhstan-awards-148-mw-in-this-years-renewables-tenders-724462/