+7 701 286 69 50
Close this search box.

III International Business Festival on renewable energy SOURCES

Press release

III International Business Festival QazaqGreenFest – 2024

30-31 May, Borovoe, Kazakhstan

The III International Business Festival ‘QazaqGreenFest – 2024’, dedicated to green energy, will take place in Borovoe on 30-31 May under the slogan “Accepting the Challenges of the Present – Together Towards a Sustainable Future”. The event is organized by the Qazaq Green RES Association in collaboration with the Kazakhstan Electricity Association. The event’s partners are the UN Development Programme, the German Society for International Cooperation, HUAWEI, ACWA Power, Total Energies, Sany, Jinko Solar, Unicase, and Goldbeck Solar. The festival is supported by the Ministry of Energy of the Republic of Kazakhstan.

Kazakhstan leads Central Asia in environmental commitment, being the first in the region to ratify the Paris Agreement and adopt the Carbon Neutrality Strategy until 2060. The country has significant potential for wind and solar energy development.

At COP 28, Kazakhstan’s President Kassym-Jomart Tokayev supported the UN’s call to preserve the environment for future generations and emphasized the country’s commitment to the Partnership for a Just Energy Transition. He highlighted the need for increased funding for climate programs and the importance of combating climate change, especially in Central Asia.

The introduction of a carbon tax by EU countries will impact the cost and competitiveness of export goods. To mitigate this, Kazakh enterprises need to start decarbonizing and transitioning to alternative technologies. President Tokayev has mandated that renewable energy sources should constitute 15% of the country’s energy mix by 2030.

Data from the Ministry of Energy shows that in 2023, renewable energy sources (RES) accounted for about 6% of Kazakhstan’s total electricity production. The country has 148 RES facilities with a combined installed capacity of 2,903.54 MW, including wind, solar, hydroelectric, and bioenergy. Plans are also in place for the introduction of heat pumps, biofuel boilers, and excess heat utilization systems.

Integrating RES is crucial for decarbonizing the economy and increasing electrification across various sectors. While Kazakhstan is working to enhance its RES share, it faces challenges related to electricity grid development and legislative regulation. These issues will be addressed by key players in the renewable energy and power sectors at QazaqGreenFest 2024. The festival serves as a vital platform for experts to discuss the advancement of renewable energy in Kazakhstan.

The development of RES is seen as a transformative driver for the power industry, essential for ensuring the country’s energy security, promoting small-scale RES, and utilizing energy storage systems.

For more information, accreditation, and comments, please contact Nadezhda Shayakhmetova at +7 702 403 72 64 (calls and WhatsApp).


III International Business Festival 
May 30-31, 2024, Rixos Hotel Borovoe

Day 1 –May 30, 2024
06:00Departure of participants from Astana (parking near the Duman entertainment center from the Korgalzhyn highway)
09:00 – 10:30Registration of participants.Welcome coffee break
10:30 – 11:30Opening ceremony of the III International Business Festival “Qazaq Green Fest”
11:30 – 13:00Session ‘Implementation of big “gigawatt” projects in Kazakhstan: all pros and cons’
13:00 – 13:30Press conference for the media
13:00 – 14:30Break
14:30 – 16:30Session ‘Energy transition in Kazakhstan: strategic vision and problems’ (Bayterek hall)
16:30 – 17:00Coffee break
17:00 – 18:30Session ‘Single buyer – work of renewable energy stations on the new market mechanism and balancing power market’ (Bayterek hall)
Day 2 –May 31, 2024
9:30 – 11:00Session ‘Prospects of the development of bilateral PPA and issues of balancing’
11:00 – 11:30Coffee break
11:30 – 13:00Session ‘Gender Policy and Training Issues in Just Transition’ (supported by the German Society for International Cooperation (GIZ))
13:00 – 14:30Break
14:30 – 15:30Session ‘Development of small-scale projects and distributed RES generation: new legislation and initiatives for further development of the sector’
15:30 – 16:30Open microphone: business about problems of the electric power and renewable energy / Approval of the Charter – Address to the Government of Kazakhstan 
16:30 – 17:00Coffee break
18:00Departure of participants to Astana