Oil Ministry: The signing of the largest Clean Energy Production contract

Economy
  • 24-06-2021, 18:26
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    Baghdad - INA

    The Chairman of the Ministerial Council for Energy, Minister of Oil, Ihsan Abdul-Jabbar Ismail, announced today, Thursday, the signing of the largest contract for the production of clean energy, while confirming the progress of the government's plans aimed at increasing and strengthening the national production of this energy.
    Ismail said, during his sponsorship of the signing ceremony between the Ministry of Electricity and the Emirati Masdar Company, on a contract to generate 2000 megawatts through the establishment of investment projects for solar energy in central and southern Iraq, according to a statement by the Media Office of the Ministry of Oil, received by the Iraqi News Agency (INA), that "Iraq is implementing The plan to replace clean energy with energy produced by fossil fuels at a rate of (20-25) percent of the energy produced, which is equivalent to (10-12) kilowatts , He added, ".

    For his part, the Minister of Energy and Infrastructure of the United Arab Emirates, Suhail Al Mazrouei, praised, via the television circuit, the "distinguished relations between the two brotherly countries."
    Al Mazrouei affirmed his government's support for bilateral cooperation projects in the clean energy generation sector, and that Masdar Company will harness all its technical and engineering capabilities to implement these projects.

    In turn, the head of the National Investment Authority, Suha Al-Najjar, stressed the importance of the investment contract for clean energy generation with the UAE company Masdar, which achieves the government's goals in obtaining clean energy at a lower cost, as well as adopting clean environment, health and safety standards.
    Al-Najjar revealed, "the government's plans to sign more contracts that contribute to the enhancement of generating capacity, and to cover the local need."
    The statement concluded, by saying that "the signing ceremony was attended by the Minister of Electricity, Majid Mahdi."