BAKU, Azerbaijan, Oct. 21
By Nargiz Sadikhova - Trend:
Italian Eni is planning to launch Shaulder wind farm construction in 4Q2020, Alex Stillavato, CEO of ArmWind LLP, Kazakhstan Managing Director of Eni Energy Solutions said, Trend reports citing Association of oil service companies of Kazakhstan.
Stillavato said that in August 2019, the documentation for the “Construction of 50MW Shaulder Solar Power Plant in Otyrar District, Turkestan region” project prepared by UNDP in line with the Kazakhstan’s Ministry of Energy’s request was published.
“Following the publication, detailed analysis of the project’s efficiency and risks was carried out, several economic scenarios of the project with possible proposed prices were evaluated and the trading strategy was defined. As a result, we were well prepared by the auction date,” he said.
He expressed belief that the recently introduced in Kazakhstan auction mechanism with documentation is more efficient for both the Country and Developers, optimizing the location of RES Projects in Kazakhstan in terms of energy needs and the grid capability.
“Currently, we target to start the project execution in 4Q2020. The Solar Power Plant will produce around 90 GWh per year and approximately 2,700 GWh in 30 years with an overall CO2 saving of 50,000 tons per year,” Stillavato said.
Eni has been present in Kazakhstan since 1992. The company is a joint operator of the Karachaganak field and an equity partner in various projects in the Northern Caspian Sea, including the giant Kashagan field.
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