Solar engineering, procurement and construction (EPC) company Sterling and Wilson is set to enter the Kazakhstan power segment, targeting EPC for 200MW solar photovoltaic (PV) projects in the country until 2020.
This month, Kazakhstan is expected to receive bids for 180MW of solar PV through a series of tenders, which were announced by the government at the beginning of the year.
Sterling and Wilson Solar CEO Bikesh Ogra said: “Though Kazakhstan has huge oil reserves, growing energy consumption is one of the drivers behind the growth of renewable energy. The 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 for 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.”
By issuing tenders, the Kazakhstan government aims to reduce its dependency on fossil fuel power generation to alternative energy.
Additionally, the country is working towards increasing its renewable energy segment in electric power generation to 3% by the year 2020, and to 10% by 2030.
Sterling and Wilson noted that its subsidiary company in Kazakhstan which holds category I license will be responsible for the execution of Solar PV projects.
With more than 50MWp solar PV plants operational in the Philippines, Sterling and Wilson has been very active in the Asian continent outside India.
The company noted that it is currently constructing 1177MWp of Solar PV plants in Abu Dhabi, while another 60MWp project is in the commissioning phase in Bangladesh.