On January 25, 2024, under the chairmanship of the Prime Minister of the Republic of Kazakhstan Alikhan Smailov, a significant meeting of domestic producers was held with the support of the Atameken National Chamber of Entrepreneurs. Among the meeting participants was the Business Development Director of TechnoGroupService LLP Zhomart Nurkanov.

Success story and new horizons. Since 2018, TechnoGroupService LLP has been actively implementing projects in the field of renewable energy sources. In 2021, the company received the prestigious Altyn Sapa Presidential Award for its projects in the field of green energy, which underscores its leading position in the industry.

Expansion of production and export potential. The key point of the report was the announcement of the launch of its own production of solar modules with a capacity of 100 MW by the end of 2024. Taking into account the market potential and the growing demand for photovoltaic modules, the company estimates the annual production volume at 6 billion tenge. This is a significant step towards developing export opportunities, including to Central Asian countries, Azerbaijan and Mongolia.

Contribution to innovation and collaboration. TechnoGroupService LLP actively cooperates with the Institute of Physics and Technology and the Kazakh-British Technical University, introducing the latest developments in the field of photovoltaic module elements. In addition, the company, in partnership with PowerChina, is creating the production of metal elements for wind power towers.

Support for investment and development of local production. As part of the strategy to stimulate investment in Kazakh production, TechnoGroupService LLP proposed a number of measures, including the abolition of tax incentives for solar power plants and wind farms, the production of equipment for which is established in Kazakhstan, as well as the introduction of financial instruments that support the export of Kazakhstani goods and services.

A look into the future. TechnoGroupService LLP plans to begin construction of the first stage of a 50 MW solar power plant in the Kyrgyz Republic in early 2024, demonstrating its ambitions and contribution to regional renewable energy development. Focusing on significant achievements and ambitious plans, the company contributes to economic growth and sustainable development of the region, opening up new opportunities in this dynamically developing industry.

Opening a new page in the history of renewable energy in Kazakhstan, TGS-Design LLP, a subsidiary of TechnoGroupService LLP, announces its victory in the tender organized by Shubarkol Komir JSC, part of the Eurasian Group LLP group of companies. A tender was announced for the development of design estimates (DED) for the construction of a solar power plant with a capacity of 4.8 MW in the Karaganda region. The project is an important step towards sustainable development of the region and the first in the field of renewable energy sources in 2024.

TechnoGroupService LLP emphasizes its commitment to ESG (Environmental, Social, and Governance) principles. The implementation of the solar power plant project will not only reduce carbon emissions, but will also help create new jobs, thereby contributing to the socio-economic development of the Karaganda region.

The project is a combination of innovative technologies and clean energy that will provide efficient electricity production for the coal industry. “We are proud to have the opportunity to work on this promising project in partnership with Shubarkol Komir JSC. Our goal is not only to develop design documentation for a solar power plant, but also to translate the project into reality,” said Zh. Mominbaev, Chairman of the Supervisory Board of TechnoGroupService LLP.

We are proud to announce the completion of the preparation and approval of the "Green" Bond Issue Prospectus by the General Assembly of the participants of TechnoGroupService LLP (Protocol No. 23 of December 26, 2023). This document was developed in collaboration with the investment company SkyBridge Invest JSC. Previously, the partnership approved the Policy in the field of "green" bonds (Green Bond Framework) and received the Second Party Opinion with the support of the International Finance Corporation (IFC). The issue of "green" bonds is planned on the Kazakhstan Stock Exchange (KASE) at the beginning of next year, amounting to 25 million US dollars. The bond yield rate is fixed at 8% per annum in currency, and the bond yield payments will be made twice a year after every six months from the date of the bonds' commencement of circulation throughout the entire three-year term of circulation. The funds raised from the bond placement will be directed to finance the project "Construction of the 50 MW Koun Bulagy Solar Power Plant" in the Kyrgyz Republic. TechnoGroupService LLP, being a domestic company implementing projects in the field of renewable energy sources, prioritizes national goals for achieving carbon neutrality in the countries of Central Asia in its activities. The partnership fully supports the initiative of the President of the Republic of Kazakhstan, K.K. Tokayev, on actively developing the "green" financing market. Currently, for the 50 MW Koun Bulagy Solar Power Plant project, an 80-hectare land plot has been obtained, a 25-year PPA contract has been signed, the project's design documentation has been developed and submitted for state expertise, and work is underway to protect investor rights and obtain preferences. The partnership plans to start construction of the station next spring and to ensure its phased commissioning at the beginning of the fourth quarter of 2024. The total generation of clean electricity will be at least 85 million kWh per year. TechnoGroupService LLP invites interested investors for mutually beneficial cooperation.

The management of the TechnoGroupService Group of Companies LLP congratulated their employees on Power Engineers' Day and held an award ceremony for their contribution to the development of renewable energy sources in the Republic of Kazakhstan. The Renewable Energy Association "Qazaq Green" awarded A.A. Baibatshaev with a medal "For Contribution to the Renewable Energy Sector," and the Kazakhstan Electric Power Association honored the Head of the Electrical Engineering Department, D.V. Tsaryov, with a "Certificate of Honor" for a significant contribution to the development of the electric power industry.

Award Ceremony for Employees of the 50 MW Balhash Solar Power Plant

Award Ceremony for Employees of the 10 MW Kengir Solar Power Plant

In the city of Zhezkazgan, a festive event was held in the House of Friendship, dedicated to the celebration of Power Engineers' Day. Prizes and gifts were personally presented by representatives of the Ulytau regional administration. The event was also accompanied by a musical concert. The Head of the 10 MW Kengir Solar Power Plant (SPP), V.Yu. Konoplev, was awarded the title "Еңбегі сіңген энергетик" (Honored Power Engineer), and the electrician for maintenance and repair of electromechanical equipment at the 10 MW Kengir SPP, D.V. Lyamkin, was awarded a "Certificate of Honor" for his significant contribution to the development of the electric power industry. It was also noted that in November, the team of the Kengir SPP had already fulfilled the plan for electricity generation for the year 2023