Home / Qatar could invest $20bn in solar energy
Qatar could invest $20bn in solar energyby Adam Lane on Dec 3, 2012
Qatar is reportedly preparing to invite firms to tender for a new 1,800 MW solar plant in 2014, at a project cost of between US $10 billion and $20 billion, according to Reuters. The country, currently one of the world’s highest per capita greenhouse emitters, is seeking to significantly diversify its energy mix away from natural gas.
The reports have said that Qatar intends solar generation mainly power the country’s desalination plants – currently being powered by gas. The finalised plant is scheduled to be finished by 2018, and will be developed in a concession format, with different blocks on offer.
When finished, the plant will boost renewable energy’s share of the energy mix to 16%, and will significantly boost the country’s current generation capacity of around 7,000 MW.
- Qatar Rail to explore solar opportunities
- QEWC posts $115mn second quarter earnings
- Qatar closes on new 2,400MW power and water plant
- Qatar Solar Energy secures silicon supply
- Qatar Foundation produces 85% of Qatar's solar
- Kahramaa dishes out $136mn cable contract
- Kahramaa signs $2.11bn network contracts
- Contractors invited to qualify for Ashghal project
- Qatar invites bids to build 'mega-reservoirs'
- IPEC wins electrical deal from Qatar's Kahramaa