By the end of the decade, Kazakhstan intends to begin manufacturing green hydrogen as part of a $50 billion initiative that will assist Europe in reducing its dependency on fossil fuels.
By 2030, Europe could start importing green hydrogen from Kazakhstan, with Svevind’s plant expected to produce an amount equal to 20% of EU imports.
The business that built Europe’s biggest wind farm, Svevind Energy Group, announced on Thursday that it has signed a contract with Kazakhstan’s government to develop a 20-gigawatt green hydrogen facility that is anticipated to be among the biggest in the world. Up to 2 million tons of green hydrogen per year, or around one-fifth of the EU objective for imported green hydrogen in 2030, will be produced by electrolyzers starting in 2032.
