The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News
By John Lee. The Iraqi Council of Ministers has approved key measures to advance major solar energy projects, reinforcing the country's push toward clean and sustainable power generation. Firstly, the cabinet approved a memorandum of understanding between the Ministry of Electricity and US-based UGT Renewables for the development of an integrated solar power project. The […]
By John Lee. Rwanga Foundation has unveiled plans for the Kulak Solar Village, Iraq's first fully off-grid, solar-powered community. Located southeast of Erbil, the pilot village will include 32 homes and house nearly 200 residents, serving as a model for rural climate resilience and energy self-sufficiency in one of the world's most climate-vulnerable regions. Entirely […]
By John Lee. Al-Bilal Group has installed a 2-megawatt solar power station at the Government Palace on Tuesday, signalling the launch of a wider governmental move toward renewable energy. Prime Minister Mohammed S. Al-Sudani highlighted the importance of the initiative, which aims to ease the strain on Iraq's national power grid and improve energy distribution to […]
By John Lee. WesternZagros, a privately owned US exploration and production company, has announced its acquisition of the Topkhana block in the Kurdistan Region of Iraq. The acquisition is seen as a strategic milestone in enhancing the Kurdistan Regional Government's (KRG) energy security and electricity provision plans. The company says that when developed alongside its […]
By John Lee. Scottish-based EthosEnergy has been awarded a multimillion-dollar Operations and Maintenance (O&M) contract for the Maisan [Maysan, Missan] Combined Cycle Power Plant near Basra. The three-year contract, EthosEnergy's first comprehensive third-party Care, Custody and Control agreement in the Middle East, covers operations, inspections, and maintenance of the 850 MW facility. The power plant, operated […]
By John Lee. The Iraqi Prime Minister has ordered a consultative meeting to be held between the Ministry of Electricity and the General Secretariat of the Council of Ministers regarding the Al-Khairat Thermal Power Plant. According to a statement from the Prime Minister's Office, the focus of the meeting is on resolving financing issues related […]
By John Lee. Iraq's Council of Ministers has authorized the Ministry of Finance to sign a loan agreement backed by German and other international export credit agencies. The funding will support the installation of three 400 kV and five 132 kV substations, as part of Phase II of the energy cooperation framework with Siemens Energy. […]
By John Lee. Iraq's Ministry of Electricity held a virtual meeting with the UAE's Masdar to expedite the signing of a power purchase agreement and resolve challenges related to the construction of solar power plants in Maysan, Dhi Qar, and Anbar. The planned projects, with a total capacity of 1,000 megawatts, represent a significant step […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on the delayed Al-Khairat Thermal Power Plant project in Karbala, attended by the Chinese Ambassador to Iraq and representatives from the executing companies, Harlow International and CITIC, as well as officials from the Ministries of Electricity and Oil. The Prime Minister granted the […]
By John Lee. Iraq's Council of Ministers has approved the formation of a new private limited company focused on energy sector investments, with an initial capital of 250 billion Iraqi dinars (approximately $190 million), subject to increase. The founding stakeholders include the State Employee Pension Fund and the Trade Bank of Iraq (TBI), while the […]
By John Lee. Wasit Governorate held its inaugural conference on the transition to clean energy this week, led by Governor Dr. Mohammed Jameel Al-Mayahi and attended by the head of the National Renewable Energy Team, members of parliament, local officials, and international companies specialising in solar and wind energy. The event showcased investment opportunities for […]
By John Lee. Siemens Energy and Iraq's Ministry of Electricity have signed a new Principles of Cooperation Agreement and two long-term service contracts under the supervision of Prime Minister Mohammed S. Al-Sudani. The signing ceremony, held on Thursday, was also attended by the German Ambassador to Iraq. The third phase of this strategic partnership aims […]
