QatarEnergy, a leading state owned petroleum company of Qatar, has entered into a partnership with France-based TotalEnergies for solar power project, which is part of the Gas Growth Integrated Project (GGIP) in Iraq.
Under the agreement, which is subject to regulatory approvals, QatarEnergy will acquire a 50 percent stake in the solar photovoltaic project, while TotalEnergies will retain the remaining 50 percent.
This landmark project is set to be one of the largest projects in the world, with 2 million high-efficiency bifacial solar panels mounted on single-axis trackers. After its completion, it will be capable of supplying up to 1.25 gigawatts (peak) of solar-generated power to the electricity grid in Iraq’s Basra region.
The project will be carried out in phases, expected to come online between 2025 and 2027. It will have the capacity to generate electricity to around 350,000 homes in the Basra region.
“I am pleased to have concluded our entry into this very important project for Iraq’s energy sector, and look forward to working with our strategic partner, TotalEnergies, to progress it to fruition. We thank the Iraqi government for their trust, and TotalEnergies for this opportunity to support Iraq’s solar power development.”
In June 2023, QatarEnergy revealed that it had entered into a consortium to implement the Gas Growth Integrated Project in Iraq, with a 25 percent participating interest, together with TotalEnergies (45 percent) and Iraq’s Basra Oil Company (30 percent).
GGIP is a landmark project that focuses on the design and construction of facilities to develop Iraq’s natural resources in addition to recovering significant volumes of otherwise flared gas throughout the Basra region to supply power generation plants.
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