星期三, 30 7 月, 2025
Home PV Project Masdar secures deal to build 2 GW of solar in Iraq

Masdar secures deal to build 2 GW of solar in Iraq

The UAE-based developer wants to build several projects at unspecified locations in central and southern Iraq.

Source:pv magazine

Abu Dhabi-based renewable energy developer Masdar has signed an agreement with Iraq’s government to build PV power generation assets with a combined capacity of 2 GW in the country.

The projects are planned for unspecified locations in central and southern Iraq. Masdar will act as an independent power producer under the framework of Iraq’s Investment Law 13/2006.

“The project is one of the largest renewable photovoltaic solar projects in the Middle East, and falls within the vision of Iraq’s sustainable transition plan 2021- 2030,” said Suha Al-Najar, president of the National Investment Commission. The project delivers 2 GW of green energy for Iraq’s national network.

More financial or technical details on the scheme were not provided.

According to the International Renewable Energy Agency, Iraq has an installed PV capacity of only 216 MW despite a huge solar potential. No additional solar power has been deployed in the country in the past three years. In 2017, Iraq’s installed, mainly fossil-fuel based power generation capacity stood at around 11.3 GW versus demand estimated at 17 GW.

The Ministry of Electricity began procurement of seven PV power projects with a combined capacity of 755 MW in May 2019. The results of this tender are expected to be announced this year.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Plans lodged for solar farm to power 18,000 homes

Plans have been lodged for a solar farm and battery energy storage system in Derbyshire. Noventum Power has submitted an application to South Derbyshire District...

Turkish firm to invest $520M in solar equipment production

Turkish solar technology company CW Enerji will invest $520 million (TL 21.09 billion) under the government's HIT-30 incentive program to expand its high-efficiency solar...

Tesla is set to build its biggest energy storage facility in China

Tesla, China Kangfu International Leasing, and the Shanghai Municipal Government signed a cooperation agreement to build an energy storage power station, which will become...

Sungrow launches next-gen hybrid residential energy storage system

China renewable energy solutions company Sungrow Power has revealed its newest hybrid next generation residential energy storage system (ESS), with its the latest in...