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KEGOC secures KZT141 billion funding for West Kazakhstan project

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Kazakhstan Electricity Grid Operating Company (KEGOC) has signed loan agreements with the European Bank for Reconstruction and Development (EBRD) and the Development Bank of Kazakhstan for a total of KZT141 billion. Of this, up to KZT32 billion is from the Development Bank of Kazakhstan. The funds will support the West Kazakhstan Electricity Interconnection Project, which includes constructing the 604.3 km, 500 kV Karabatan–Ulke transmission line along the Atyrau-Aktobe motorway, expanding the 500 kV Ulke substation,…

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US DOE launches $30m AI4IX programme to accelerate energy interconnections

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The Biden-Harris Administration, through the US Department of Energy (DOE), has announced $30 million in funding for the Artificial Intelligence for Interconnection (AI4IX) programme.  This initiative, supported by the Bipartisan Infrastructure Law, aims to enhance the integration of new energy projects into the power grid by leveraging advanced artificial intelligence (AI) technologies. The AI4IX programme seeks to streamline the interconnection application process, reduce delays, and expedite the commissioning of renewable energy projects. AI algorithms will…