Economy

Iraq Collaborates with "Power China" to Establish 2 Gigawatt Solar Power Plants

Iraq Collaborates with

Iraq's Ministry of Electricity signed a memorandum of understanding on Wednesday with China's "Power China" to create solar power plants with a total capacity of 2 gigawatts, initially implementing 750 megawatts as a first phase, leading up to 2000 megawatts. According to a statement from the media office of Iraqi Prime Minister Mustafa Al-Kadhimi, the solar energy project is one of the first pioneering projects in Iraq and is being implemented for the first time, contributing to an increase in electricity production by supplying the grid with clean renewable energy.

Last June, Abu Dhabi Future Energy Company "Masa'der", part of "Mubadala" Investment Company, announced a strategic agreement with Iraq to develop photovoltaic solar projects in the country with a minimum total generation capacity of 2 gigawatts. Iraq aims to increase the share of renewable energy from the total energy produced by the end of this decade. Iraqi Oil Minister and Chairman of the Energy Ministerial Council, Ihsan Ismail, confirmed the government's plans to enhance and boost the national production of clean energy.

The Iraqi minister previously mentioned in a talk with Al-Sharq TV the overall targets for generating electricity from solar energy in the country, stating: "Contracts for renewable energy are expected to be signed by 2025, targeting the production of between 10 and 12 gigawatts, which would represent about 25% of Iraq's electricity needs that exceed 40 gigawatts, and we are working towards a complete entry of this production gradually by 2030."

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