QatarEnergy has entered into a partnership agreement with TotalEnergies to collaborate on a solar power project as part of the Gas Growth Integrated Project in Iraq. Under the terms of the agreement, which is pending regulatory approvals, QatarEnergy will hold a 50 percent stake in the solar photovoltaic project, while TotalEnergies will maintain the other 50 percent.
This ambitious project is set to become one of the largest solar initiatives globally, featuring 2 million high-efficiency bifacial solar panels installed on single-axis trackers. Once completed, it is projected to generate up to 1.25 gigawatts of solar power for the electricity grid in the Basra region of Iraq. The development will occur in phases, with operations expected to commence between 2025 and 2027, providing electricity to approximately 350,000 homes in the area.
His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, expressed his satisfaction with the agreement, stating, “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.”
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