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China Southern Power Grid signed a memorandum with Kazakh partners to jointly develop projects in high-voltage direct current (HVDC) transmission, digital energy solutions, and pumped-hydro energy storage. Another memorandum with Huawei Kazakhstan outlined cooperation in digital transformation and cybersecurity across the energy sector.
Nan Yi, chairman of the Chinese energy company, revealed that since 2015, the company has been investing in new energy projects in Kazakhstan, including photovoltaic and wind energy stations.
The Kapshagay photovoltaic power station, one of the largest single solar power projects in the Central Asian country, is a part of the China-Kazakhstan green energy cooperation initiative, jointly invested in and constructed by the Chinese company Universal Energy and Kazakh counterparts.
Akkenzhenov emphasized Kazakhstan’s evolving role from resource exporter to energy technology hub, noting a significant shift in the structure of cooperation with China. “Our relations have gone beyond raw material exports. We are building a joint, technologically rich ecosystem.
In a context of energy transition, lithium has become critical to the development of low-carbon mobility. But lithium supply is a key issue. To date, lithium production is highly concentrated in three non-European countries: Australia, Chile and China, which also manufactures 79% of batteries.
Global demand for lithium has doubled over the last ten years. Driven by the transition to electric vehicles, global consumption of this metal is expected to increase 42-fold by 2040 compared with 2020 (International Energy Agency).
But lithium supply is a key issue. To date, lithium production is highly concentrated in three non-European countries: Australia, Chile and China, which also manufactures 79% of batteries. The current geopolitical crises show that it is risky to depend solely on foreign sources of supply for critical materials.
