Highlights Iraq also has renewables deals with TotalEnergies, PowerChina, Masdar It wants to generate 7.5 GW of renewable power before 2023 Iraq is seeking to lower dependence on gas, oil in power generation Iraq signed an agreement with a consortium led by Norway’s Scatec Solar to build two solar power plants with a total capacity of 525 MW as OPEC’s second-biggest producer accelerates push to lower reliance on oil and gas for power generation. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The project is part of plans to develop 7.5 GW of renewable power before 2023, oil minister Ihsan Ismaael said in an Oct. 7 statement. The other companies in the consortium are Egypt’s Orascom Construction and Iraq’s Bilal. The deal with Scatec follows the signing of an agreement with UAE’s Masdar, the renewable energy firm owned by sovereign wealth fund Mubadala Investment Co., […]