Kazakhstan inks $3.1B green hydrogen and ammonia deal with South Korea’s YPP corporation

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Kazakhstan inks $3.1B green hydrogen and ammonia deal with South Korea’s YPP corporation

The initiative aims to export 75,000 tonnes of hydrogen and 310,000 tonnes of ammonia annually, powered by 2 GW of renewable energy sources.

Source: Fuel Cells Works

  • Kazakhstan has partnered with YPP Corporation from South Korea through a $3.1 billion framework agreement to establish a comprehensive Green Energy Complex. This facility will produce green hydrogen and ammonia for both export and local consumption.
  • The project will harness 2 GW of solar and wind energy, transforming Kazakhstan’s theoretical renewable potential into a substantial clean energy export capacity.

In a significant move to position itself as a leading green hydrogen hub in the region, Kazakhstan has secured a $3.1 billion framework agreement with South Korea's YPP Corporation to create a large-scale Green Energy Complex.

The agreement, signed by Azamat Kozhanov, Deputy Chairman of KAZAKH INVEST, and John M. Bek, Chairman of YPP Corporation, outlines plans for a facility capable of producing up to 75,000 tonnes of green hydrogen and 310,000 tonnes of green ammonia annually, powered by 2 GW of solar and wind energy.

Dozens of initiatives are already underway. Partnerships like this one with YPP Corporation are essential to converting resource potential into actual production and export capacity.

said Kozhanov

This collaboration follows increasing bilateral energy investment discussions, as Kazakhstan strategically positions itself as a green hydrogen exporter targeting both European and Asian markets. While a portion of the output will meet domestic demands, the majority will be exported, utilizing ammonia as a transportable carrier fuel.

Kazakhstan has an impressive theoretical wind potential of 1,820 billion kWh and a solar generation capacity of 2.5 billion kWh per year. The YPP agreement aims to convert this potential into commercially viable projects. The framework also includes essential infrastructure development — logistics, storage, and water supply — to tackle the challenges of a landlocked and water-scarce region.

We see Kazakhstan as a strategic partner. Its unique natural conditions and supportive investment climate make it the ideal location for this flagship project.

said Bek

Further developments may involve hydrogen-fed CHP systems in cities like Almaty. Notably, major offtakers such as Samsung C&T are in talks to engage in this initiative, reflecting the growing interest from Asian corporations in securing green hydrogen supplies from Central Asia.

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