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Almaty, Kazakhstan
Almaty, Kazakhstan
Two New Categories Introduced
Renewable Energy Auctions 2025
15.12.25
On 16 February 2025, amendments to the Rules for organising and conducting auctions for renewable energy source projects came into effect. These changes were introduced by the Order No. 454 of the Acting Minister of Energy of the Republic of Kazakhstan dated 11 December 2024. On 3 March 2025, minor amendments to the Rules were also made by Order No. 114 of the Minister of Energy of the Republic of Kazakhstan.
According to these amendments, renewable energy sources (RE) are divided into two categories based on installed capacity:
According to these amendments, renewable energy sources (RE) are divided into two categories based on installed capacity:
- RE facilities with an installed capacity of up to 499 MW, and
- RE facilities with an installed capacity of over 499 MW.
Two New Categories Introduced
Renewable Energy Auctions 2025
15.12.25
On 16 February 2025, amendments to the Rules for organising and conducting auctions for renewable energy source projects came into effect. These changes were introduced by the Order No. 454 of the Acting Minister of Energy of the Republic of Kazakhstan dated 11 December 2024. On 3 March 2025, minor amendments to the Rules were also made by Order No. 114 of the Minister of Energy of the Republic of Kazakhstan.
According to these amendments, renewable energy sources (RE) are divided into two categories based on installed capacity:
According to these amendments, renewable energy sources (RE) are divided into two categories based on installed capacity:
- RE facilities with an installed capacity of up to 499 MW, and
- RE facilities with an installed capacity of over 499 MW.
Additional requirements for participation in auctions for RE projects over 499 MW:
The changes also affect the mechanics of the auctions and the amount of financial security required for applications. Therefore, now participants may modify their previously submitted bids by submitting a new bid with a lower price than the previous minimum bid before the application deadline. However, the volume of the previously submitted bid cannot be changed. The financial security amount for participation in auctions for projects exceeding 499 MW is set at KZT 5,000 per 1 kW.
Overall, these amendments prevent foreign developers without prior experience in Kazakhstan’s RE projects from participating in auctions for facilities over 499 MW. These changes aim to ensure the successful implementation of major RE projects while promoting local participation and expertise in Kazakhstan's renewable energy sector.
- Confirmation of Experience - Participants must demonstrate experience in investing, constructing, and commissioning RE facilities with a capacity of at least 100 MW in Kazakhstan. This experience includes directly or indirectly owning at least 20% of the shares (or equity) in a legal entity that owned the facility at the time of its commissioning.
- Ownership Structure - Participants must provide a detailed ownership structure up to the ultimate beneficiary, confirming that at least 51% of the final ownership belongs to Kazakhstani residents.
The changes also affect the mechanics of the auctions and the amount of financial security required for applications. Therefore, now participants may modify their previously submitted bids by submitting a new bid with a lower price than the previous minimum bid before the application deadline. However, the volume of the previously submitted bid cannot be changed. The financial security amount for participation in auctions for projects exceeding 499 MW is set at KZT 5,000 per 1 kW.
Overall, these amendments prevent foreign developers without prior experience in Kazakhstan’s RE projects from participating in auctions for facilities over 499 MW. These changes aim to ensure the successful implementation of major RE projects while promoting local participation and expertise in Kazakhstan's renewable energy sector.
Almaty, Kazakhstan
Almaty, Kazakhstan