JSC «KOREM» Held the Next Free Auction Trading for 100 MW Capacity
On April 29, 2026, free auction trading was held for the selection of renewable energy source projects for the construction of a solar power plant for the Southern zone (Almaty region) of the Unified Power System of the Republic of Kazakhstan with a total installed capacity of 100 MW.
One of the conditions for the construction of solar power plants implemented under free auction trading is equipping them with electrical energy storage systems with a capacity of at least 30% of the facility's installed capacity and with an energy capacity ensuring the release of the specified power for at least four hours.
Three companies were admitted to participate in the auction trading; during the trading session, participants submitted 2 price bids. The total volume of submitted applications amounted to 300 MW.
Based on the results of the auction trading, the winner was LLP «Shetmerki», with a project installed capacity of 100 MW and an auction price of 34.56 KZT/kWh (excluding VAT).
Representatives of the Ministry of Energy of the Republic of Kazakhstan and NCE «Qazaq Green» RES Association took part as observers. The observers confirmed the transparency and correctness of the electronic trading system, operated by JSC «KOREM».
