BAKU, Azerbaijan, August 11. Kazakhstan is implementing 24 investment agreements covering energy projects with a combined capacity of 3.8 GW.
This was reported by the Ministry of Energy of Kazakhstan following a meeting of the Public Council on Fuel and Energy Complex issues held on August 11.
According to the ministry, nine investment agreements with a combined capacity of 963 MW have been implemented to date. The agreements are aimed at modernizing, expanding, reconstructing and upgrading energy facilities.
The meeting also addressed the development of solar and wind generation, hydropower and hydrogen energy, as well as energy storage systems.
Kazakhstan plans to commission more than 8 GW of additional renewable energy capacity by 2035, according to the ministry.
The country is also working on the development of energy storage systems and distributed generation, as well as updating its Concept for the Development of Hydrogen Energy until 2040.
Meanwhile, Kazakhstan has been pursuing a broad modernization of its power sector amid rising electricity demand and the need to renew aging infrastructure. In 2024, electricity consumption reached 119.9 billion kWh, exceeding generation of 117.9 billion kWh, according to the country's Ministry of Energy. The ministry has said that the average wear of power-generating equipment was about 56%, highlighting the need for new capacity and upgrades.
The country is also upgrading its electricity grid as part of a national modernization project covering 2025-2029. The program envisages renewing energy and utility infrastructure, including at least 30 combined heat and power plants. In 2025, around 17,000 kilometers of power lines and 420 substations were overhauled, helping reduce the wear of the electricity networks to 66%.
This modernization is being carried out alongside the expansion of renewable energy and the development of a more flexible power system. As of the second quarter of 2026, Kazakhstan had 169 renewable energy facilities with a combined installed capacity of about 3.75 GW.
