Iraq to Push $1.6 Billion of Solar and Wind Projects into Power Gap
Iraq to Push $1.6 Billion of Solar and Wind Projects into Power Gap
JOHANNESBURG--October 17, 2012--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--As oil production and receipts continue to ramp up, Iraq is planning to invest up to $1.6 billion on solar and wind power projects over the next three years, which will add 400 megawatts (MW) to the national grid. This will help to fill the country's power gap, which causes daily blackouts. Currently, the power generation sector produces 8,800 MW against a requirement of 14,000 MW.