As part of authorities efforts to diversify Iraq’s strength mix and reduce reliance on fossil fuels, the national funding commission (NIC) has awarded 4 principal investment licences within the renewable electricity quarter all through 2025.
NIC Chairman Dr. Haider Mohammed Makkia [Makiyya] re-announced the licences on Wednesday, noting their alignment with Iraq’s national Renewable electricity strategy and environmental sustainability objectives.
The accepted tasks encompass:
A 1,000 MW sun power plant in Basra, offered to TotalEnergies of France;
A waste-to-energy incineration facility the use of high-efficiency combustion generation in Baghdad, to be developed with the aid of Shanghai SUS surroundings of China;
A 300 MW sun electricity station in Karbala, to be constructed with the aid of Karbala solar energy company;
A 225 MW solar plant in Alexandria [Iskandariya], Babylon Province, by using Babel [Babylon] sun strength Ltd.
Dr. Makkia confused that those tasks replicate NIC’s commitment to enabling both local and global funding in clean power, aimed toward supporting Iraq’s country wide grid while reducing carbon emissions and strengthening strength safety.
He confirmed that every one tasks will be finished by means of specialized groups using current technologies and across the world known environmental standards.
“these investments are an vital step towards attaining Iraq’s sustainable development desires and helping the countrywide financial system with solid, easy energy,” he said.
