Kazakhstan Chamber of Commerce in the USA

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Qatar Solar Energy Signs Silicon Deal With Kazatomprom

Posted on July 16, 2014 by KazCham

Colibri Law Firm · Business Intelligence

Qatar Solar Energy (QSE), the largest solar technology development and manufacturing facility in the MENA region, has signed a landmark agreement with Kazatomprom, a multi-billion dollar energy company based in Kazakhstan. With this landmark agreement QSE has secured solar grade silicon, the raw material used to make solar panels, at an extremely competitive fixed cost for the next ten years. Solar grade silicon from Kazatomprom will be used in the manufacture of QSE’s innovative products that are designed to perform in the most demanding environments present across the planet. 

The agreement, which was signed by Salim Abbassi, CEO of QSE and Mr. Azat Betekbaev, Chairman of Kazatomprom’s solar division, will also contribute to accelerating QSE’s solar power purchase agreements (PPA) in Kazakhstan.

Kazatomprom, ranked as the world’s largest producer of uranium, has been active in renewable energy since 2009. The company implements a number of high tech innovative projects in the sustainable energy sector including the production of photovoltaic modules (Astana Solar), the production of ingots, wafers and cells (Kazakhstan Solar Silicon) and solar grade silicon production (Kaz Silicon).

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