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Chulakkurgan Solar PV Power Plant

Sector: Power Generation (CCGT) • Location: Kazakhstan

Source: World Bank Group

Project
Active

The project involves the development, construction and operation of a 50MW solar PV power plant in Chulakkurgan rural district, in the south of Kazakhstan. The plant is expected generate over 102 GWh of electricity per year and to reduce CO2 emissions by 86,000 tonnes per year. The SPV for the project is called YUKSES 50 LLP. Sponsor is Risen Energy (China). The total project cost is $ 75 million

Status
Prospective
Sector
Power Generation (CCGT), Solar, Commercial, Government
Location
Kazakhstan
Updated
22 Jul 2026
Source
World Bank Group

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The project “Chulakkurgan Solar PV Power Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Kazakhstan. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project involves the development, construction and operation of a 50MW solar PV power plant in Chulakkurgan rural district, in the south of Kazakhstan. The plant is expected generate over 102 GWh of electricity per year and to reduce CO2 emissions by 86,000 tonnes per year. The SPV for the project is called YUKSES 50 LLP. Sponsor is Risen Energy (China). The total project cost is $ 75 million of which EBRD committed up to $ 40.4 million equivalent in KZT long-term senior debt financing and up to $ 10 million from the Green Climate Fund (GCF). Financial close has been reached on 29 January 2019. On 21 January 2020 it was announced that the plant has been connected to the grid. https://www.ebrd.com/work-with-us/projects/psd/chulakkurgan-solar.html https://www.ebrd.com/news/2019/ebrd-steps-up-support-for-renewable-energy-production-in-kazakhstan-.html

Original sector

Energy

Budget

Location

Country

Kazakhstan

Source

Source

World Bank Group

URL

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Record type

Project

Sector

Power Generation (CCGT), Solar, Commercial, Government

Article published date

2024-06-04

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