Iraq seeks international investors to build 750 MW solar projects

IRAQ-ENERGY/Iraq seeks international investors to build 750 MW solar projects

February 22, 2021 Stu Turley ENB Pub Note, International News, Renewables, Solar
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Photo: Vincent Mundy/Bloomberg

Energy News Beat Publishers Note: Somethings just are funny no matter how you report the news.

BAGHDAD, – Iraq is seeking international investors to build seven solar power plants, with a total capacity of 750 megawatts (MW) as it aims to develop its renewable energy potential.

Keen on expanding its small power generation capacity, Iraq is in talks with some of the international companies, including French Total and “Norwegian companies” to discuss building solar projects, the oil ministry said in a statement on Sunday.

All the seven solar power plants to be built in the south of the country, including a largest 300 megawatts plant in Kerbala, said the statement.

The dilapidated national grid supplies only a few hours of power a day, leaving Iraqis to swelter in the summer months, when temperatures can top 50 degrees Celsius.

Solar energy is rare in Iraq, except for lighting on some of its main streets. -Reuters

About Stu Turley 3379 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.

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