October 12, 2021 | oil and gas

Iraq and UAE Signs Construction Contract for 5 Solar Power Plants

Iraq has signed a contract with a renewable energy developer from the UAE for the construction of five solar power plants.

Iraq has signed a contract with a renewable energy developer based in the United Arab Emirates to build five solar power plants in the oil-rich country.

Iraqi officials and Masdar's chief executive officer signed the agreement in Baghdad on Wednesday, in the presence of Iraqi Prime Minister Mustafa al-Kadhimi. As stated by Masdar, the plants will be built in the provinces of Dhi Qar in southern Iraq, Amarah in the southeast, Mosul in the north, and Ramadi in central Iraq with a combined capacity of 1,000 megawatts.

According to Iraq's statement posted on the state-run news agency INA, this is the first practical move made by the government to rely on alternative, clean, and renewable energies for electrical energy production and to meet its energy needs.

Iraq expects that the arrangement will assist to close the gap in its energy supplies. Although Iraq is a significant oil producer with abundant energy resources, the country experiences frequent power outages due to widespread corruption, an old grid, and other technical challenges.


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