PICTURE: The President of the Republic of Kazakhstan meets Wolfgang Kropp, CEO of SVEVIND group Source: https://www.akorda.kz/

Nur-Sultan, September 13, 2021

At the invitation of the President of the Republic of Kazakhstan, Mr. Wolfgang Kropp, the CEO of the German-Swedish group of companies SVEVIND, informed the President about the prospects of the implementation of investment projects in green energy in the Republic of Kazakhstan.

In particular, it is planned to implement a project to operate wind and solar power plants of about 30 GW with the subsequent utilisation for the production of approx. 20 GW of green hydrogen and green ammonia in the Mangystau region.

The President emphasized the importance of using renewable energy sources and reducing the carbon dependence of the economy of Kazakhstan. In the President`s opinion, special attention should be paid to hydrogen energy.

Having assessed positively the investment proposals offered by SVEVIND, the President assured Mr. Wolfgang Kropp of the support for the project from the Republic of Kazakhstan.

SVEVIND has been developing and realising extra-large scale onshore wind power projects in Scandinavia since 1998. The “Markbygden 1101” cluster of connected wind farms in Northern Sweden, west of the city of Piteå, is the largest wind farm in Europe, having already reached the 1 GW milestone of operational wind turbines earlier this year while an additional 1.5 GW of wind turbines are under construction. In June 2021, SVEVIND signed a memorandum of understanding with Kazakh Invest National Company JSC confirming its support for SVEVIND’s project pipeline of 30 GW of green hydrogen projects in Kazakhstan. In July 2021, SVEVIND signed a memorandum of understanding with the Akimat of the Mangystau region regarding the cooperation between the Akimat and the company to support SVEVIND’s project pipeline of 20 GW of green hydrogen projects in the Mangystau region in Western Kazakhstan.

Link to the press release from the office of the President of the Republic of Kazakhstan

https://www.akorda.kz/ru/kasym-zhomart-tokaev-prinyal-prezidenta-kompanii-svevind-group-volfganga-kroppa-138653

Contact Svevind: dresden@svevind.se