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Masdar secures investment agreement for 1GW wind farm in Kazakhstan at COP29

The wind farm, which will also include a 600 MWh Battery Energy Storage System (BESS), is expected to power around 300,000 homes

The deal was formalized on the sidelines of COP29 in Baku, Azerbaijan.
The deal was formalized on the sidelines of COP29 in Baku, Azerbaijan.

Masdar, the UAE’s leading clean energy company, has signed an investment agreement to develop a 1GW wind farm in Kazakhstan’s Jambyl region.

The deal was formalized on the sidelines of COP29 in Baku, Azerbaijan.

The wind farm, which will also include a 600 MWh Battery Energy Storage System (BESS), is expected to power around 300,000 homes and offset approximately 2 million tonnes of CO₂ emissions annually. Construction is scheduled to begin by early 2026.

Kazakhstan’s government has been rapidly advancing renewable energy projects to reduce its carbon footprint, targeting 15% renewables in its energy mix by 2030, with a vision of achieving net-zero emissions by 2060.

The agreement represents a major investment in the country’s potential as a major clean energy producer and is set to be one of the largest wind farms in the Commonwealth of Independent States (CIS) region.

“Providing 1GW of emissions-free power, this project exemplifies our commitment to a sustainable future,” said Kazakhstan’s Energy Minister Almassadam Satkaliyev during the agreement signing, which was also attended by Deputy Prime Minister Nurlan Baibazarov, along with several UAE dignitaries.

For the UAE, the agreement builds on its ambition to drive global climate action and increase renewable capacity, echoing the UAE Consensus set at COP28 to triple renewables by 2030.

“This milestone highlights the UAE-Kazakhstan strategic partnership in sustainable energy development, supporting Kazakhstan’s net-zero ambitions,” said UAE Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei.

The project will be co-developed by W Solar, Qazaq Green Power—a subsidiary of Kazakhstan’s sovereign wealth fund Samruk-Kazyna—and the Kazakhstan Investment Development Fund, with Masdar leading development efforts.

It is expected to provide an essential boost to Kazakhstan’s green energy transition and reduce reliance on fossil fuels, making it one of the largest wind farms in the CIS region.

This is Masdar’s inaugural project in Kazakhstan, which highlights its commitment to delivering large-scale renewable energy projects globally, according to CEO Mohamed Jameel Al Ramahi,

“Our 1GW wind farm project will further Kazakhstan’s renewable goals, bringing significant benefits to the Jambyl region and beyond,” Al Ramahi noted.

Masdar, established in 2006, has a mandate to increase its renewable energy portfolio to 100GW by 2030 and is expanding its footprint globally.

The company has been a key pillar in advancing sustainable energy solutions, aligning with the UAE’s leadership role in climate action, and has ongoing projects across more than 40 countries.

Baset Asaba

Baset Asaba is an accomplished media and communications expert with extensive experience in creating impactful content across diverse platforms throughout the Middle East and Africa. With a background...