TotalEnergies to invest in $1.2 billion power project in Kazakhstan

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(Corrects paragraph 2 to say the project is expected to reach full capacity in 2029, not to fully launch in that year)

April 24 : French energy major TotalEnergies on Friday agreed to invest in a Kazakhstan-based onshore wind and energy storage project valued at $1.2 billion, with roughly 75 per cent of it financed externally, the company said.

The project, code-named "Mirny", combines one gigawatt of wind capacity with 600 megawatt hours of battery energy storage. TotalEnergies expects the project to reach full capacity in 2029.

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