YPP Invests $3.1B in Kazakhstan Green Hydrogen Hub

• South Korea's YPP invests $3.1B in Kazakhstan's green-hydrogen hub, boosting renewable energy and export potential with 2 GW wind/solar power and green ammonia production.

South Korea's YPP has committed up to USD 3.1 billion to develop a green-hydrogen hub in Kazakhstan, in partnership with Kazakh Invest. The project will include up to 2 GW of wind and solar capacity to power electrolysers capable of producing approximately 75,000 tons per annum of green hydrogen. Part of the hydrogen will be converted into green ammonia, with most of the output intended for export markets. Samsung C&T is a potential offtaker.

The project will also feature energy storage, water supply, and logistics infrastructure. The final investment will depend on specific site configurations. This initiative aligns with Kazakhstan's national hydrogen roadmap, according to Kazakh Invest's Azamat Kozhanov.

How will South Korea's YPP and Kazakh Invest develop a green-hydrogen hub in Kazakhstan?

• Investment and Partnership: South Korea's YPP and Kazakh Invest are collaborating to establish a green-hydrogen hub, with YPP committing up to USD 3.1 billion.
• Renewable Energy Capacity: The project will incorporate up to 2 GW of wind and solar energy to power the electrolysers.
• Hydrogen Production: The electrolysers are expected to produce approximately 75,000 tons of green hydrogen annually.
• Green Ammonia Conversion: A portion of the hydrogen will be converted into green ammonia, enhancing its export potential.
• Export Focus: The majority of the green hydrogen and ammonia output is intended for international markets.
• Potential Offtaker: Samsung C&T is being considered as a potential offtaker for the project's output.
• Infrastructure Development: The project will include energy storage, water supply, and logistics infrastructure to support operations.
• Site Configuration: The final investment amount will be influenced by the specific configurations of the chosen site.
• Alignment with National Goals: This initiative supports Kazakhstan's national hydrogen roadmap, as highlighted by Kazakh Invest's Azamat Kozhanov.