Mega-solar power plants in Qatar for sustainability

11/09/22

Qatar Energy Renewable Solutions recently awarded a gigantic solar energy power plant contract to South Korea’s Samsung C&T.

The QAR 2.3 billion (USD 630 million) Engineering, Procurement and Construction (EPC) contract will see Samsung build two mega photovoltaic (PV) plants in the industrial cities of Ras Laffan (RLIC) and Mesaieed (MIC). Each plant will cover ten square kilometres and have a combined capacity of 875 megawatts.

The Industrial Cities solar power project (IC Solar) is expected to increase Qatar’s renewable energy generation capacity to 1.675 gigawatts by 2024. Figures from cnet.com suggest that one gigawatt is enough to power about 750,000 homes.

It is the second solar project in Qatar after the Al Kharsaa Solar PV Power Plant which is currently under construction.

The projects will result in the reduction of more than 28 million tonnes of direct CO2 emissions over their lifetime. Furthermore, the output of both plants will contribute to the reduction of Qatar Energy’s GHG footprints from its facilities in RLIC and MIC.

Qatar Energy Renewable Solutions is a wholly owned subsidiary of Qatar Energy and is actively investing in renewable energy and sustainability projects within the State of Qatar and across the world.

Business Start Up Qatar offers a network of experts and specialists within the lifecycle of a business. We can offer expertise in Market Research and Assessment Qatar, Qatar Business Case, Qatar Business Model Development, Feasibility Study and Business Plan Qatar, Organizational and Operational Structuring Qatar, Qatar Sponsorship and Partnership, Company Formation Qatar among others.

Please click on the link to learn more about opportunities and possibilities in the State of Qatar as well as the initiatives of Business Start Up Qatar.

Other News

BSUQ News 90 - Thumb - New

Qatars MoCI and Manateq reduce land leasing rates

Qatars Ministry of Commerce and Industry (MoCI), in partnership with the Qatari Economic Zones Company (Manateq), has revealed a major reduction in leasing rates for land in industrial, logistics and commercial...

Read more
BSUQ News 89 - Thumb - New

QFC registered over 800 firms in 2024 recording 156% growth

Qatar Financial Centre (QFC) witnessed record growth in 2024, welcoming 836 new firms to its platform recording 156% growth compared to 2023.

As a result, the total number of QFC registered firms...

Read more
BSUQ News 88 - Thumb - New

Qatars MoCI and Manateq sign SMI Zone agreement

Qatar’s Ministry of Commerce and Industry (MoCI) recently entered into a strategic agreement with the Economic Zones Company (Manateq) to manage the Small and Medium Industries (SMI) Zone.

As a result,...

Read more
BSUQ News 87 - Thumb - New

Qatar’s industrial sector fuels economic diversification in 2024

Qatar’s industrial sector is experiencing significant growth, driven by strategic government initiatives aimed at diversifying the economy and supporting the development of small and medium-sized enterprises...

Read more

Page Break