Articles by

Vusala Abbasova

Kazakhstan Plans To Lure Azerbaijani Investors To Finance Renewable Energy Projects

By

Vusala Abbasova

To make this happen, the country created a better environment to attract major investments into the industry, introducing a 15-year feed-in-tariff (FiT) mechanism. In 2018, the country’s energy ministry launched renewable auctions, making selecting projects and investors more transparent and understandable. At the same time, thanks to the auctions, officials in Nur-Sultan can bet on more efficient technologies and projects that will reduce the impact of renewable energy capacity introduction on end consumers’ tariffs.