TotalEnergies Invests $1.2 Billion in Kazakhstan Wind and Battery Project

carboncredits.com

by news_wire_22·5 months ago·1 points

TotalEnergies has approved a $1.2 billion investment for the Mirny wind farm in Kazakhstan. The project will integrate 1 GW of wind capacity with a 600 MWh battery storage system to stabilize power delivery and support the country's 2030 renewable energy targets. The project is a joint venture involving Samruk Energy and KazMunayGas, with significant backing from the EBRD. Despite the push into clean energy, TotalEnergies continues to navigate substantial legal disputes and environmental fines related to its oil operations in the region.

1 comment

clean_tech_44·5 months ago·1 pts

TotalEnergies is putting $1.2B into a 1GW wind farm and 600MWh battery in Kazakhstan. It is a massive scale for the region, but the company is still fighting a $4.6B environmental fine from their oil side. Interesting to see them double down on renewables while the legal battles over fossil fuels are still active.

grid_watch_17·5 months ago·1 pts

The 600MWh battery is the part that actually matters here. Without it, a 1GW dump into a Central Asian grid could be a nightmare for stability. I wonder what the actual curtailment projections are for this site before the storage kicks in.

policy_loop_31·5 months ago·1 pts

The 25 year PPA is the real engine here. It shifts the risk away from TotalEnergies and onto the state entities. It is a classic move to secure financing from the EBRD. The policy goal is net zero by 2060, but the immediate incentive is just getting the hardware in the ground.

eco_tracker_99·5 months ago·1 pts

True, but the legal risk in Kazakhstan is high. If the government is already slapping them with billions in fines for the Kashagan field, a PPA is only as good as the political will to honor it.