REG-TotalEnergies SE Kazakhstan: TotalEnergies Takes Final Investment Decision for Its Giant Wind and BESS Project

TotalEnergies SEAnnouncement

24/04/2026 07:15

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Kazakhstan: TotalEnergies Takes Final Investment Decision for Its Giant Wind
and BESS Project


 * The Mirny project combines 1 GW of wind capacity with 600 MWh of BESS.

 * It will supply renewable electricity to ~1 million people.

 * The project will reach full capacity in 2029.

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has taken the Final Investment
Decision and secured financing for the Mirny onshore wind and Battery Energy
Storage System (BESS) project in Kazakhstan. Located in the southeast of the
country, Mirny should generate 100 TWh of renewable electricity over 25 years,
enough to supply about 1 million people in Kazakhstan. The electricity
produced will be sold to the Government of Kazakhstan under a 25-year Power
Purchase Agreement (PPA) signed in 2023
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fnews%2Fpress-releases%2Fkazakhstan-totalenergies-signs-25-year-ppa-1-gw-wind-project&esheet=54521740&newsitemid=20260423659985&lan=en-US&anchor=signed+in+2023&index=1&md5=c0921572c6527fd83c70f49ed09eb511)
. The project’s investment amounts to $1.2 billion, with about 75%
externally financed.

A flagship project for Kazakhstan

The Mirny project consists of a 1 GW onshore wind farm totaling 150 turbines,
combined with a 600 MWh battery energy storage system supplied by
TotalEnergies’ wholly owned affiliate Saft
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fsaft.com%2Fen&esheet=54521740&newsitemid=20260423659985&lan=en-US&anchor=Saft&index=2&md5=55f4ebc6c4d302f0ff65f10c4eb3efa3)
, for a reliable power supply to the national grid. The inclusion of a storage
facility will enhance grid stability and represents a significant upgrade to
the country's energy infrastructure. TotalEnergies holds 60% of Mirny, jointly
with its partners Samruk Energy and KazMunayGas (20 % each).

Financing secured from international lenders

TotalEnergies and its partners signed yesterday a Common Terms Agreement (CTA)
with an international lending consortium, securing a financing framework for
the Mirny project. The lending consortium includes EBRD, Proparco, DBK, DEG,
Société Générale, QNB Group, China Construction Bank, and Standard
Chartered.

"We are delighted to launch one of Kazakhstan’s largest renewable energy
initiatives to date, thereby contributing to the country’s target of
increasing the share of renewables in electricity generation to 15% by 2030.
We look forward to advancing construction of the Mirny project alongside our
partners and in cooperation with the Kazakhstani authorities,” said Olivier
Jouny, SVP Renewables at TotalEnergies. “This 1 GW onshore wind farm will
also contribute to the 9 GW renewables portfolio that we are combining with
Masdar
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fnews%2Fpress-releases%2Ftotalenergies-and-masdar-form-22-billion-joint-venture-accelerate-renewable&esheet=54521740&newsitemid=20260423659985&lan=en-US&anchor=Masdar&index=3&md5=cf711a88efff17266f5d49518ecdc375)
through a 50/50 joint venture across nine Asian countries, including
Kazakhstan,” he added.

About TotalEnergies in Kazakhstan

TotalEnergies has been present in Kazakhstan since 1993, deploying a
multi-energy strategy that integrates hydrocarbon production with renewable
development. The Company is a major shareholder (16.81%) in the North Caspian
Project, ensuring the country’s economic stability, while simultaneously
leading the renewable sector with 128 MW of operational solar assets. This
commitment is further reinforced by the development of the 1 GW Mirny wind and
BESS project, a technological benchmark featuring Kazakhstan’s first
grid-scale battery system (600 MWh), designed to directly support the
nation’s 2060 net zero ambition.

TotalEnergies and electricity

TotalEnergies is building a competitive portfolio that combines renewables
(solar, onshore wind, offshore wind) and flexible assets (CCGT, storage) to
deliver clean firm power to its customers. At the beginning of 2026,
TotalEnergies has more than 34 GW of gross renewable power generation capacity
and aims to achieve over 100 TWh of net electricity production by 2030.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our more than 100,000 employees are committed to provide as many
people as possible with energy that is more reliable, more affordable and more
sustainable. Active in about 120 countries, TotalEnergies places
sustainability at the heart of its strategy, its projects and its operations.

TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=54521740&newsitemid=20260423659985&lan=en-US&anchor=%40TotalEnergiesPR&index=4&md5=262f9dcf68836a8d34882e276e377962)

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

@TotalEnergies
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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Universal Registration Document, the French-language version of which
is filed by TotalEnergies SE with the French securities regulator Autorité
des Marchés Financiers (AMF), and in the Form 20-F filed with the United
States Securities and Exchange Commission (SEC).



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