
The signatories were: Masdar, the Ministry of Energy of the Republic of Kazakhstan, the Kazakhstan Investment Development Fund (KIDF) Management Company Ltd., and Samruk-Kazyna, a joint stock company sovereign wealth fund. Kazakhstan aims to become carbon neutral by 2060 and is targeting 50 percent renewable electricity generation by 2050. The up to 1 GW wind farm, with BESS, is Masdar’s first project in the country.