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.
- Siemensâ€™ 1000th gas turbine on way to Qatar
- Qatarâ€™s new energy project takes shape
- Qatar firm to explore Turkish solar market
- Nebras to buy Engie's stake in QNA
- Qatar to add 1GW of solar capacity
- $995mn sewage treatment plant opens in Qatar
- Qatarâ€™s QEWC posts flat Q4 net profit
- Fines to curb water, electricity waste in Qatar
- Qatar's Nebras acquires 9.75% in Phoenix Power
- Qatar starts mega water project