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Iraq, UAE's Masdar Sign Solar Power Agreement



The Iraqi electricity ministry signed an agreement with Masdar, a United Arab Emirates-based renewable power developer, an agreement to build solar power projects in central and southern Iraq, with a total capacity of 2,000 Megawatts, the Iraqi oil ministry said on 17th June 2021 in a statement.

The project is the biggest investment in Iraq’s renewable energy industry, the statement said, without indicating its total cost.

Iraq is planning to build a number of power plants in the upcoming years in partnership with Arab and other international companies. Some will use solar energy, while others will run on fossil fuels, including gas that is produced during the extraction of oil, by introducing it into the electricity production system, Iraq Oil Minister Ihsan Abdul Jabbar said.


Source : www.abafnzD.com
Posted on :6/29/2021