Laying of the Capsule for Solar Modules' Production in Almaty
The ceremony of laying the capsule to produce solar modules of the domestic investor Altyn Group LLP under the TGS-Solar brand took place in the Alatau SEZ in Almaty. The event was attended by Olzhas Akhmetbekov, the Regional Director of JSC "NC "KAZAKH INVEST," and representatives of the Almaty Entrepreneurship Department, Almaty Finance, Almaty Business Development Company, scientific and educational organizations, etc.
Speaking with a welcoming speech, the Founder of Altyn Group, Jomart Mominbayev, thanked the Government of the Republic of Kazakhstan for its assistance in the implementation of the project and also familiarized the participants with the production process of solar modules and planned production and sales volumes.
Thus, the solar module plant worth 2.9 billion tenge will have a capacity of 150 MW per year. It will be equipped with modern equipment, including automatic module assembly lines, laser plasma cutters, and automatic welding machines. The power of one solar module will be 585 watts, while the planned output will be 250 thousand modules per year. The production, located on a plot of land with an area of more than 2 hectares, will create more than 100 new jobs for local specialists. In addition, the company will attract additional investments in the infrastructure of the city and contribute to the growth of tax revenues in the economy of the region, as well as the development of high-tech industries.
The project, implemented with the support of KAZAKH INVEST, aims to increase the share of renewable energy sources in Kazakhstan's electricity production. Currently, the share of renewable energy sources is 5.8%. By 2035, it is planned to increase to 16%. The implementation of the project meets the objectives set by the Head of State to develop the domestic value of energy engineering, achieve carbon neutrality by 2060, and strengthen the export potential of the Republic of Kazakhstan. Thus, the solar module plant will not only bring direct economic benefits but also become an essential contribution to the sustainable environmental development of Almaty.
