Svevind signs framework deal with Kazakhstan on 30GW green H2 plan

In a further step towards the realisation of Svevind’s plan to build a gigantic green hydrogen project in Kazakhstan, the German developer has signed a ‘Framework Agreement on the Basic Principles of Project Implementation’ with the government of the Central Asian country.

The agreement outlining the principles of implementation of the project that aims at eventually using 45GW of wind and solar energy capacity to produce green hydrogen from 30GW was signed by Svevind chief executive Wolfgang Kropp and Kazakh deputy prime minister Roman Skylar last week in Brussels during a Kazakh visit to the EU.

Kazakh President Kassym-Jomart Tokayev also met with Svevind and threw his weight behind the project by assuring he would personally monitor the implementation of the company’s projects in the country.

“Svevind is very proud to support the global energy transition and the efforts towards decarbonisation of the societies – just recently reaffirmed by the nations at COP26 – by supply Kazakhstan and Eurasia with green, sustainable energy and products, ‘powered by nature’,”Kropp said.

“The green hydrogen facilities will offer Kazakhstan the opportunity to become one of the global leaders of renewable energy and green hydrogen.

“We are very excited to take this next step in the project development, and we are thankful for the outstanding support of the President of the Republic of Kazakhstan and the Kazakh government.”

Svevind and Kazakhstan’s government in October had already signed a roadmap on the gigantic project in the western Kazakh region of Mangystau that is bordering the Caspian Sea. It foresees on-site surveys for an environmental impact assessment, a financial investment decision in 2026, followed by five years of construction to 2030 for the first 30GW of wind and solar PV plants, as well as desalination and a first 20GW of electrolyser capacity.

Kropp in September also had met with Kazakh prime minister Askar Mamin during a meeting with other CEOs of German companies and the Eastern Committee of the German Economy.

This post appeared first on Recharge News.

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