Wednesday, November 6, 2024

Baghdad

ACWA Power to build 1,000-megawatt solar power plant in Iraq

 ACWA Power to build 1,000-megawatt solar power plant in Iraq

Solar panels used to produce renewable energy at the photovoltaic park in Cestas, southwestern France. Photo: Reuters

Baghdad (IraqiNews.com) – The Iraqi Minister of Electricity, Ziyad Ali Fadel, announced on Wednesday that an agreement has been reached with the Saudi company ACWA Power to build a solar power plant with a capacity of 1,000 megawatts in central Iraq.

Fadel’s remarks took place during his meeting with senior officials from the Saudi company in Baghdad, where they reviewed the required steps to sign the contract for the new solar energy plant in Najaf governorate, the Iraqi News Agency (INA) reported.

The Iraqi Minister of Electricity indicated that the Iraqi government is eager to promote cooperation with Saudi Arabia, particularly in the energy sector, noting the recent approval of the Iraqi cabinet to proceed with the project.

Fadel elaborated that the contract that has been delayed for three years will soon be completed with the support of Prime Minister Mohammed Shia Al-Sudani. ‏

The ACWO Power delegation expressed their company’s eagerness to carry out renewable energy projects in Iraq, reflecting Saudi Arabia’s keenness to enhance joint cooperation between the two countries in various fields.

The two sides decided to schedule additional meetings between the Saudi company’s and the Iraqi Electricity Ministry’s technical and legal teams to finalize the deal. ​