BAKU, Azerbaijan, August 2. Kazakhstan's aggregate renewable energy capacity has exhibited a significant escalation from 2015 through 2024, approaching a twofold augmentation over the decadal timeframe.
Data obtained by Trend from the International Renewable Energy Agency (IRENA) indicates that Kazakhstan’s renewable capacity rose from 2,807 MW in 2015 to an estimated 5,554 MW in 2024. This represents a cumulative growth of nearly 98 percent.
| Year | Capacity (MW) | Annual Growth (percent) | Cumulative Growth (percent) from 2015 |
|---|---|---|---|
| 2015 | 2,807 | — | — |
| 2016 | 2,851 | 1.57 | 1.57 percent |
| 2017 | 2,898 | 1.65 percent | 3.24 percent |
| 2018 | 3,088 | 6.55 percent | 10.02 percent |
| 2019 | 3,606 | 16.77 percent | 28.48 percent |
| 2020 | 4,190 | 16.20 percent | 49.27 percent |
| 2021 | 4,536 | 8.26 percent | 61.58 percent |
| 2022 | 5,069 | 11.77 percent | 80.56 percent |
| 2023 | 5,663 | 11.72 percent | 101.73 percent |
| 2024 | 5,554 | -1.93 percent | 97.96 percent |
The most significant growth occurred between 2018 and 2023, particularly in 2019 and 2020, with annual increases exceeding 16 percent. These developments are attributed to government-backed initiatives and increased investment in wind, solar, and hydroelectric projects across the country.
Kazakhstan's renewable energy sector is growing rapidly, attracting both national and international companies. Among the key players are major international corporations like TotalEnergies (France), which is developing solar and wind projects, including the 1 GW Mirny wind farm. Companies from China, such as Risen Energy and Goldwind, also play a crucial role as investors and technology providers.
