Kazakhstan, EU to Boost Green Energy and Infrastructure Projects
Kazakhstan has signed memoranda of cooperation with the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) to expand investment in renewable energy, hydropower, and power grid modernization.
- The agreements were concluded during the Global Gateway Forum in Brussels.
- The Minister of Energy of Kazakhstan Yerlan Akkenzhenov held a series of high-level meetings with European Union officials and heads of major financial institutions.
The signed memoranda aim to mobilize European capital for strategic regional projects, including the Kambarata-1 Hydropower plant and renewable energy initiatives across Central Asia.
Photo credit: Kazakh Ministry of Energy
Author's summary: Kazakhstan and EU partner on green energy projects.