TotalEnergies and PowerChina will build solar projects in Iraq: Iraq’s government has granted land to French giant TotalEnergies to establish a 1 GW solar plant and PowerChina to establish a 750 MW solar plant, Alsabah reports, quoting Iraqi Electricity Ministry spokesman Ahmed Mousa. Iraq’s Al Bilal Group was awarded another plot of land, but Mousa did not disclose the capacity of the project. Iraq is also in talks with Masdar and Acwa Power for similar projects, he added.

We knew this was coming: The Iraqi government and TotalEnergies finalized an agreement for a USD 27 bn cluster of energy projects in the country back in July, including this 1 GW solar power plant.

Iraq has bigger plans: Iraq has said it plans to invite more companies to set up solar power projects in efforts to expand its renewables capacity to a third of its energy mix by 2030. The country also launched a new electricity and renewable energy law governing its renewable energy industry with the help of local and foreign experts earlier this month. Iraq also said it is allocating IQD 90 bn (c. USD 68.3 mn) to install solar panel systems on 500 government buildings starting early 2024. The GCC Interconnection Authority launched an energy exchange platform last month for the GCC-Iraq transmission grid.

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