Green Hydrogen Alliance established in Kazakhstan with the participation of transnational companies

Green Hydrogen Alliance established in Kazakhstan with the participation of transnational companies

KAZAKH INVEST with the support of the Ministry of Foreign Affairs of the Republic of Kazakhstan and the Astana International Financial Center (AIFC), held the "First Green Hydrogen: Kazakhstan" International Forum as part of the Astana Finance Days-2022 international conference.

One of the key events of the forum was the signing of an agreement on the creation of the Green Hydrogen Alliance in Kazakhstan between representatives of technology companies from Germany, Italy, Spain and Kazakhstan. The Alliance is designed to unite the efforts of the parties by exchanging experience and searching for common solutions in the implementation of projects of Green Hydrogen. Among the founders of the Association were Linde (Germany), Svevind Energy Gmbh (Germany), Roedl & Partners (Germany), Qazaq Gaz (Kazakhstan), Atasu Group (Kazakhstan), Green Spark LTD (Italy), Green Finance Center - AIFC (Kazakhstan), GCA Partners (Kazakhstan), Ajusa Hydrogen Technologies (Spain) and other international companies from the EU. The initiator and author of the Green Hydrogen Alliance in Kazakhstan was the Investment Task Force KAZAKH INVEST represented by the Head of Hydrogen Energy Askhat Bekenov and Managing Director Azamat Kozhanov.

The forum was attended by over 200 delegates from more than 10 countries. The event is aimed at creating a platform for strengthening business ties between countries and international companies, and for discussing the prospects for cooperation in the development of Green Hydrogen projects.

"Green" hydrogen is an environmentally friendly source of energy, during the combustion of which only water vapor appears. "Green" hydrogen in the future can completely replace fossil fuels and be used as a fuel for a wide variety of consumers, and can act as an energy carrier for generating electricity. It can also be used as an energy storage element to balance renewable energy generation schedules.

Speaking at the opening of the forum, Deputy Foreign Minister Almas Aidarov noted that only by joining efforts, countries will be able to take a significant step in the development of such a promising area as hydrogen energy.

“Like the rest of the world, we are committed to achieving carbon neutrality. Ecology, economics, awareness are pushing us towards green energy. But the world will have to store and transport clean energy somewhere. Green hydrogen looks like the most promising and affordable way for the coming decades. Huge open spaces, high-quality wind and sun, availability of water and territorial location predispose to the creation of large-scale projects in the production of hydrogen in Kazakhstan. We certainly need to unite for the development of this industry. It is necessary to develop standards, rules and regulations for clean energy,” Almas Aidarov emphasized.

Within the framework of the forum, cooperation agreements were signed between the French Association Hydrogen Task Force and Investment Task Force KAZAKH INVEST, as well as an agreement on development of first filling stations technology for hydrogen on the territory of the Republic of Kazakhstan between Green Spark Limited LLP and GRAF Industries S.p.A.

Meirzhan Yussupov, Chairman of the Management Board of  "NC "KAZAKH INVEST" JSC, also delivered a welcoming speech.

“The history of green hydrogen in KAZAKH INVEST began about two years ago. All this time, our Task Force has been studying green hydrogen projects. The Investment Task Force team did a great job and, as a result, organized and held today's event. There is great interest on the part of large Western investors in green hydrogen. We hope that foreign companies will provide their expertise and recommendations for the development of green hydrogen in Kazakhstan,” Meirzhan Yusupov said.

During the forum, representatives of various companies spoke about projects in Kazakhstan, for example, German company Svevind Energy Gmbh launched a large-scale project for the production of "green" hydrogen in the Mangystau region, and the Italian company Green Spark LTD plans to commission the first pilot project for the production of "green" hydrogen in the West Kazakhstan region.

At the end of the forum, the founders of the Hydrogen Alliance of Kazakhstan held the first-round table, where they discussed the possibilities of cooperation and the further work of the Alliance.

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