ASTANA – Svevind Energy Group CEO Wolfgang Kropp and First Deputy Prime Minister of Kazakhstan Roman Sklyar signed an investment agreement to construct a green hydrogen production and distribution hub in the Mangystau Region on Oct. 27 in Astana, reported the Akorda press service.
SVEVIND Energy Group CEO Wolfgang Kropp and First Deputy Prime Minister of Kazakhstan Roman Sklyar at the signing of the investment agreement. Photo credit: Akorda press service.
The project on the hub’s construction was presented to Kazakh President Kassym-Jomart Tokayev and European Council President Charles Michel, who was paying an official visit to Kazakhstan at the time.
Hyrasia One, Svevind Group’s subsidiary, plans to produce two million tons of “green” hydrogen annually. The project involves building and operating a desalination plant with 255,000 cubic meters per day, a 40 GW renewable energy station (wind, solar), and a 20 GW water electrolysis production, mainly for export or domestic consumption.