Germany's Svevind and Kazakh Invest National Company have signed a memorandum of understanding regarding Svevind’s plan to develop and realise mega-sized facilities for producing green hydrogen in Kazakhstan, Kallanish notes.

The project involves the extraction of 45 GW of electricity in Western and Central Kazakhstan from solar and wind generators for the annual production of 3 million tonnes of hydrogen fuel.

“It can either be exported directly to the ever-growing Eurasian markets or used locally to produce high-value green products, like ammonia, steel or aluminium,” the German company claims.

Planning, engineering, procurement and financing will take three to five years, and construction and commissioning will take another five.

“Through the development of hydrogen energy, Kazakhstan can get its niche in the world supply of hydrogen," says Kazakh Invest’s chairman of the board Meirzhan Yussupov.

“Svevind aims to combine the outstanding natural resources in Kazakhstan with Svevind’s long-time experience and passion in project development to supply Kazakhstan and Eurasia with green, sustainable energy and products, powered by nature”, says Svevind`s Wolfgang Kropp. “The green hydrogen facilities will lift Kazakhstan among the global leaders of renewable energy and hydrogen at very competitive, ultra-low production costs. We trust that for green hydrogen, Kazakhstan is the place to be.”

Svevind has been developing and realising extra-large scale onshore wind power projects in Scandinavia since 1998. The “Markbygden 1101” cluster of connected wind farms in northern Sweden, west of the city of Piteå, is the largest wind farm in Europe. It has already reached the 1 GW milestone of operational wind turbines earlier this year with 1.5 GW of wind turbines under construction.

Svevind attracted €2.8 billion ($3.3 billion) of equity and long-term debt to finance those wind farms in operation or under construction. Once completed, the Markbygden 1101 wind farm cluster will provide around 8% of Sweden’s current electricity consumption.