On 13 May, Unicase Senior Associate Kurmet Zhumagaliyev participated in a training session on implementing Public-Private Partnership (PPP) mechanisms in the renewable energy sector. The session was jointly organised by the Asian Development Bank (ADB) and the Qazaq Green Association in Astana.
The training brought together sector experts to explore practical challenges and opportunities in structuring renewable energy projects under the PPP framework in Kazakhstan. Discussions centred on regulatory approaches, risk allocation, and bankability, with case studies from solar, wind, and hydropower projects — including successful examples from Uzbekistan.
Key takeaways included:
- PPAs, Sleeved PPAs, and Hybrid PPAs can serve as viable PPP structures;
- Public sector involvement ensures balanced risk-sharing and development pacing;
- Banks and private investors contribute vital ESG risk management expertise;
- RES auctions designed around PPP principles support tariff transparency;
- Partial credit guarantees improve access to financing, as seen in Uzbekistan;
- Government assumption of currency risk can accelerate PPP-driven RE growth.
We are pleased to support knowledge-sharing efforts that strengthen Kazakhstan's clean energy transition.