Sterling and Wilson, World’s leading solar EPC company, has announced its plans to enter Kazakhstan. The company is targeting EPC for Solar PV projects of capacity 200 MW in Kazakhstan till 2020. The country is expected to receive bids for 180 MW of Solar PV in the month of October. This is part of the series of tenders announced by Kazakhstan government in the beginning of the year.
Kazakhstan is aiming at reducing its dependency on fossil fuel power generation to alternative energy. The country is working towards increasing the share of renewable energy in electric power generation to 3% by the year 2020 and to 10% by 2030.
Bikesh Ogra, CEO-Solar, Sterling and Wilson says, “Though Kazakhstan has huge oil reserves, growing energy consumption is one of the drivers behind the growth of renewable energy. International Energy Agency has predicted the demand for energy in the country to double up by the year 2035.
The Central Asian country’s growing concern of climate change is also one of the factors for the switch to renewables. Sterling and Wilson is exploring all options to support the country in meeting its renewable energy targets.”Read More