The European Bank for Reconstruction and Development (EBRD) is providing a €31 million (US$35.2 million) loan for a 30MW solar project in the Kyzylorda region of Southern Kazakhstan, sponsored by Total EREN and Access Infra Central Asia.
The KZT17.1 billion (US$47.3 million) project will help to reduce the southern region's dependence on electricity import from elsewhere – particularly coal-fired power plants in the North – and reduce associated transmission losses.
The plant will have 120,862 Canadian Solar multicrystalline modules with dual-axis trackers. They will be connected to 12 Sungrow SG2500 HV-MV (1.5kV) inverters. The main HV substation with one 220/34.5kV transformer will be connected to the 220kV national network powerline with a 500m long line.
Around 150-200 staff will be onsite for the plant's construction.
Nomad Solar LLP, a special purpose entity, has been established locally by Total EREN and Access Power to implement the project.
Chinese PV panel manufacturer Risen Energy signed a mandate letter with the EBRD for financing for a 63MW PV project in Kazakhstan in May 2018.