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Iraq Authorizes Development of 750 MW Solar Power Plant Amid Growing Domestic Demand

Iraq approves the development of a 750 MW solar power plant in Muthanna. Meanwhile, the Oil Ministry aims for 6 million bpd production by the end of 2027.

Iraq has given the go-ahead for the development of a 750 MW solar power plant in the Southern Muthanna Governorate to meet growing domestic demand, as per a statement by the country's Electricity Minister on Monday.

Smaller power substations will also be installed in the governorate, according to Adel Karim, to ensure adequate electricity supplies during the summer.

The contracts for the construction of solar power stations have been given to France's TotalEnergies along with other firms, with officials predicting that more projects will be awarded this year.

Karim claims the project to be part of a goal to enhance reliance on renewable energy and reduce electricity imports, which are primarily from Iran.

 

In Other News:

 

Iraq's Oil Minister announced at an industry event that the country intends to expand oil production up to 6 million barrels per day by the end of 2027.

Ihsan Abdul-Jabbar claimed that Iraq, OPEC's second-largest producer and one of the world's major oil producers, has suffered greatly as a result of "the wrong market environment" discouraging investment in oil and gas.

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