Iraq launched a $6 billion renewable energy drive to expand its clean power capacity and cut dependence on traditional fuels. The initiative marks a major step toward energy diversification and economic modernization. The government focuses on creating sustainable solutions that secure the nation’s long-term energy future.
Therefore, the renewable energy drive in Iraq aims to transform the country’s energy landscape. Minister of Electricity Ziyad Ali Fadel announced that the government seeks to add 10,000 megawatts of renewable power to the national grid. He said Iraq plans to work with major partners, including TotalEnergies, Masdar, and PowerChina, to accelerate clean energy generation.
Moreover, Iraq’s renewable energy drive targets the production of 12 gigawatts of clean power by 2030. The Ministry of Electricity plans to build large-scale solar and wind projects across multiple provinces. These projects will not only expand power generation but also reduce emissions and fuel costs.
The government continues to push local participation. Through the Central Bank’s renewable program, citizens can access affordable loans for home solar systems. Each loan can reach up to 30 million dinars, with minimal or zero interest. This plan encourages households to adopt renewable power and reduce pressure on the national grid.
In addition, the Ministry of Electricity developed the ‘Ur’ electronic portal to streamline applications. This platform simplifies loan requests and connects citizens with installation companies. The initiative demonstrates the government’s effort to promote transparency and faster service.
However, Iraq still faces challenges in the energy transition. Clean energy contributes just over 1% to the national electricity output. The government wants to raise this percentage rapidly through continued investment, strong policies, and global partnerships. The renewable energy drive in Iraq aims to change this balance and create a sustainable energy future.
Furthermore, the new projects will attract foreign investors and create local jobs. The government believes renewable energy can strengthen both the economy and the environment. Iraq’s renewable energy drive shows a clear commitment to cleaner growth and energy independence.
The Ministry of Electricity emphasizes that every stage of this project supports long-term national development. The renewable energy drive in Iraq will redefine the country’s power generation model and ensure energy stability for decades.