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Home / Qatar could invest $20bn in solar energy


Qatar could invest $20bn in solar energy

by Adam Lane on Dec 3, 2012

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The new plant could cost up to $20 billion, and is scheduled for completion in 2018. (GETTY IMAGES)
The new plant could cost up to $20 billion, and is scheduled for completion in 2018. (GETTY IMAGES)

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.
 

 


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