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1 hour ago

European Bank Funds $250 Million Aktas Energy's 1GW Kazakhstan Wind Power Project

European Bank for Reconstruction and Development (EBRD) is providing a US$250 million loan to Aktas Energy for the 1 GW Mirny wind project in Kazakhstan’s Zhambyl region. The project includes a 300 MW/600 MWh battery energy storage system, the country’s first of its scale. Developed with partners like TotalEnergies, it will enhance grid stability, boost energy security, and cut around 2.

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