Abu Dhabi’s renewable energy company Masdar is all set to build solar power plants in Iraq.
The latest development is followed after a meeting of Iraqi Minister of Electricity, Ziyad Ali Fadel with Masdar.
The company will build solar power plants in the governorates of Maysan, Dhi Qar, Anbar and Kirkuk.
According to a statement issued by the Ministry, the government plans to diversify energy sources and reduce dependence on gas and fossil fuels. The statement further reads that the Electricity Minister highlighted the importance of partnerships with the UAE.
The authorities in Iraq have reviewed the possibility of locating sites to carry out renewable energy projects.
Masdar already has big businesses in the region and around the world. Amid such, the partnership is likely to contribute for further development of renewable energy.
The company has been developing utility-scale renewable energy projects globally with the use of wider renewable energy and clean-tech industries. It “advances innovation in clean technologies and adopts a smart first-mover approach to green hydrogen.”