Solar energy investment round 1 begins in Iraq


(MENAFN) Iraq announced the commencement of round one of investment within solar energy initiatives looking to achieve 755MW of capacity.

This comes in line with a target to add renewable energy into the Iraqi electricity-generating system and then into the national power generation system.

Ministry of Electricity "launched the first round of investment projects of photovoltaic solar power, through inviting companies specialized in generating electricity from photovoltaic power stations," a statement confirmed.

It added "the companies are invited to build solar plants with capacities up to 755 MW in the provinces of Babil, Wasit, Karbala and al-Muthanna and al-Diwaniyah as a first stage, and will work on providing logistical, technical and legal requirements for other sites in southern and western Iraq in the next stage."

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