"The representatives of the Israeli company have confirmed their interest in building a solar photovoltaic power station in the Zhetysu Region, with capacity of 500 MW, together with Sunstar Energy LLP," according to the press service.
The Zhetysu Region authorities, Israel-based El-Mor Electric Installation & Services 1986 Ltd and Kazakh Sunstar Energy have signed a memorandum of intent.
El-Mor head of Project Development and Investment, David Golod, noted that the company would allocate $400 million to the project.
Kanagatov has pledged to allot the land plot for the solar farm construction and set up a working group to handle project details and deadlines.
Israel-based El-Mor Electric Installation & Services 1986 Ltd implements energy, electricity, and air-conditioning projects.