Renewable Energy Market in Kazakhstan Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Kazakhstan Renewable Energy Market is Segmented by Type (Hydropower, Wind, Solar, and Other Types). The report offers the market size and forecast in revenue (USD billion) for the above segments.

Renewable Energy Market in Kazakhstan Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Kazakhstan Renewable Energy Market Size

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Kazakhstan Renewable Energy Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 14.00 %
Market Concentration High

Major Players

Kazakhstan Renewable Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Kazakhstan Renewable Energy Market Analysis

The Kazakhstan Renewable Energy Market is expected to register a CAGR of greater than 14% during the forecast period.

The market was negatively impacted by COVID-19. Presently, the market has reached pre-pandemic levels.

  • Government initiatives to increase the share of renewable energy in the power generation mix may drive the market studied. With upcoming investment in wind energy and the target to achieve 1 GW by 2021 and 5 GW by 2030, the wind energy sector in Kazakhstan is expected to drive the market during the forecast period.
  • However, the absence of a uniform feed-in tariff mechanism for renewable energy and the higher financial costs associated with the installation of renewable power plants are expected to hinder the market's growth during the forecast period.
  • Increasing renewable share in electricity generation and reduced carbon emission are expected to create a growth opportunity for the market in the near future.

Kazakhstan Renewable Energy Industry Overview

Kazakhstan's renewable energy market is consolidated. Some of the key players in the market (not in particular order) include Samruk-Energy JSC, Eni SpA, General Electric Company, Total Eren SA, Andritz AG, KazHydro Operating LLP, and CATEK Green Energy LLP.

Kazakhstan Renewable Energy Market Leaders

  1. Samruk-Energy JSC

  2. Eni SpA

  3. General Electric Company

  4. Total Eren SA

  5. Andritz AG

  6. *Disclaimer: Major Players sorted in no particular order
Kazakhstan Renewable Energy Market Concentration
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Kazakhstan Renewable Energy Market News

  • In December 2022, TotalEnergies announced its plans to implement its energy transition strategy in Kazakhstan with the sale of its affiliate Total E&P Dunga GmbH and the massive Mirny wind farm project, which received support from both the French and Kazakh governments during the visit of Kazakhstan's President Kassym Jomart Tokayev to France.
  • In June 2022, two significant solar projects received support from ADB and EBRD in Kazakhstan, supporting the nation's energy mix. These projects are the 100 MW M-KAT Solar Power Project and the 50 MW Baikonyr Solar Power Project.

Kazakhstan Renewable Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Renewable Energy Installed Capacity and Forecast in MW, till 2027
  • 4.3 Renewable Energy Mix, 2018
  • 4.4 Recent Trends and Developments
  • 4.5 Government Policies and Regulations
  • 4.6 Market Dynamics
    • 4.6.1 Drivers
    • 4.6.2 Restraints
  • 4.7 Supply Chain Analysis
  • 4.8 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Hydropower
    • 5.1.2 Wind
    • 5.1.3 Solar
    • 5.1.4 Other Types

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Samruk-Energy JSC
    • 6.3.2 Eni SpA
    • 6.3.3 General Electric Company
    • 6.3.4 Total Eren SA
    • 6.3.5 Andritz AG
    • 6.3.6 KazHydro Operating LLP
    • 6.3.7 CATEK Green Energy LLP
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Kazakhstan Renewable Energy Industry Segmentation

Renewable energy comes from natural sources that replenish themselves more quickly than they are used up, such as the sun and the wind. There are many different types of renewable energy sources. 

The Kazakh renewable energy market is segmented by type into hydropower, wind, solar, and other types. The report offers the market size and forecast on a revenue basis (USD billion) for these segments.

Type Hydropower
Wind
Solar
Other Types
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Kazakhstan Renewable Energy Market Research FAQs

What is the current Kazakhstan Renewable Energy Market size?

The Kazakhstan Renewable Energy Market is projected to register a CAGR of greater than 14% during the forecast period (2025-2030)

Who are the key players in Kazakhstan Renewable Energy Market?

Samruk-Energy JSC, Eni SpA, General Electric Company, Total Eren SA and Andritz AG are the major companies operating in the Kazakhstan Renewable Energy Market.

What years does this Kazakhstan Renewable Energy Market cover?

The report covers the Kazakhstan Renewable Energy Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Kazakhstan Renewable Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Renewable Energy in Kazakhstan Industry Report

Statistics for the 2025 Kazakhstan Renewable Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Kazakhstan Renewable Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.