QatarEnergy and TotalEnergies Unite for Major Solar Initiative in Iraq

Strategic Partnership Overview

QatarEnergy has entered into a pivotal partnership with TotalEnergies to develop a substantial solar power project as part of the Gas Growth Integrated Project (GGIP) in Iraq. This agreement, pending regulatory approvals, will see both companies sharing equal ownership, each holding a 50% stake in the solar photovoltaic initiative. This collaboration is a significant step toward enhancing Iraq’s renewable energy capabilities and diversifying its energy portfolio.

Project Details and Capacity

The solar project is set to become one of the largest globally, featuring the installation of 2 million high-efficiency bifacial solar panels mounted on single-axis trackers. Upon completion, the project is expected to produce up to 1.25 gigawatts (peak) of solar-generated power. This substantial capacity will provide electricity to approximately 350,000 homes in the Basra region. The development is scheduled to roll out in phases, with operational milestones anticipated between 2025 and 2027, showcasing QatarEnergy’s commitment to addressing local energy demands.

Leadership Insights

His Excellency Mr. Saad Sherida Al-Kaabi, who serves as both the Minister of State for Energy Affairs and the President and CEO of QatarEnergy, expressed enthusiasm for the project, highlighting its importance to Iraq’s energy sector. He stated, “I am pleased to have concluded our entry into this very important project for Iraq’s energy sector. We thank the Iraqi government for their trust, and TotalEnergies for this opportunity to support Iraq’s solar power development.” This sentiment underscores the collaborative effort to not only meet energy needs but also contribute to the country’s long-term energy strategy.

Broader Context of the Gas Growth Integrated Project

This solar initiative is part of the broader GGIP, which aims to enhance Iraq’s natural resource management and reduce flaring of gas. Announced in June 2023, the consortium involved in the GGIP includes TotalEnergies and Iraq’s Basra Oil Company, with each entity contributing to the project’s objectives. The GGIP emphasizes the design and construction of facilities that recover flared gas to supply power generation plants, furthering Iraq’s goals of resource optimization and energy sustainability.

Conclusion

The partnership between QatarEnergy and TotalEnergies not only signifies a move towards renewable energy in Iraq but also reflects a growing trend of international collaboration in energy projects. As the solar power initiative progresses, it is expected to play a critical role in transforming Iraq’s energy landscape, paving the way for sustainable growth and energy independence.