Advertise your business here! 🚀

Contact us now and get more customers.

Smiling woman thumbs up

Ugt Renewables To Build 3 Gw Of Solar In Iraq

powerplant
Jun 20, 2025
Article Source LogoPV Magazine
PV Magazine

Miami-based project developer UGT Renewables plans to build a 3 GW solar park in Iraq.

The company signed an agreement with the Iraqi government for the project in May and met with Electricity Minister Ziyad Ali Fadel earlier this week. A statement from the minister said the meeting, which also included British Ambassador to Iraq Irfan Siddiq, focused on implementing the agreement and strengthening cooperation in solar energy projects.

Under the agreement, the 3 GW solar project will include up to 500 MWh of energy storage and 1,000 km of HVDC transmission lines. It will also feature a two-year program for technology transfer, training, and operations and maintenance.

The project is backed by the Export-Import Bank of the United States and UK Export Finance. J.P. Morgan is serving as lead bank. Project timelines and site locations have not yet been announced.

Iraq’s cumulative solar capacity stood at 42 MW at the end of 2024, according to the International Renewable Energy Agency (IRENA). The country has set a target of 12 GW of solar by 2030.

In May, Iraq’s first solar-powered village began operating.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0
Recent Comments

Power Plant Related News You might want to check out

View by
New Jersey Launches 2 Gw Energy Storage Program
New Jersey Launches 2 Gw Energy Storage Program
Renewable Watch
24 June 2025
powerplant
Rvunl Floats Tender For 1 Gw Bess Projects In Rajasthan
Rvunl Floats Tender For 1 Gw Bess Projects In Rajasthan
Renewable Watch
24 June 2025
powerplant
Seci Floats Tender For 1.2 Gw Solar Projects With 3.6 Gwh Ess
Seci Floats Tender For 1.2 Gw Solar Projects With 3.6 Gwh Ess
Renewable Watch
23 June 2025
powerplant
Waaree Energies To Move 6 Gw Solar Module Project To New Sites In India
Waaree Energies To Move 6 Gw Solar Module Project To New Sites In India
PV Magazine
23 June 2025
powerplant
Seci Launches Tender For 1.2 Gw Of Solar With 600 Mw/3,600 Mwh Of Storage
Seci Launches Tender For 1.2 Gw Of Solar With 600 Mw/3,600 Mwh Of Storage
PV Magazine
23 June 2025
powerplant
Hybrid Plants ‘Fastest Way’ To Unlock 8 Gw Of Solar Capacity In Turkey, Says Ember
Hybrid Plants ‘Fastest Way’ To Unlock 8 Gw Of Solar Capacity In Turkey, Says Ember
PV Magazine
23 June 2025
powerplant
China’S Sunrev Solar To Build 2 Gw Solar Cell, Module Factory In Egypt
China’S Sunrev Solar To Build 2 Gw Solar Cell, Module Factory In Egypt
PV Magazine
23 June 2025
powerplant
Baywa R.E. Selected To Develop 1.2 Gw Of Onshore Wind Energy In Sweden
Baywa R.E. Selected To Develop 1.2 Gw Of Onshore Wind Energy In Sweden
Renewable Energy Magazine
23 June 2025
powerplant
Ugt Renewables To Build 3 Gw Of Solar In Iraq
Ugt Renewables To Build 3 Gw Of Solar In Iraq
PV Magazine
20 June 2025
powerplant
Blue Elephant Energy Secures €200 Million To Develop 1 Gw Clean Energy Projects
Blue Elephant Energy Secures €200 Million To Develop 1 Gw Clean Energy Projects
Renewable Watch
19 June 2025
powerplant
Delta Electronics Bags 1 Gw Solar Inverter Supply Order From Kp Group
Delta Electronics Bags 1 Gw Solar Inverter Supply Order From Kp Group
Renewable Watch
19 June 2025
powerplant
Netherlands Allocates 1.8 Gw Of Pv In Latest Sde++ Program
Netherlands Allocates 1.8 Gw Of Pv In Latest Sde++ Program
PV Magazine
19 June 2025
powerplant