Scatec-led consortium to build 525 megawatt solar project in Iraq

Iraq signed an agreement with a consortium led by Norway’s Scatec to build a 525-megawatt solar project, the oil ministry said on Thursday.

Iraqi oil Minister Ihsan Abdul Jabbar said the value of the agreement stood at around $500 million.

The consortium also includes Egypt’s Orascom Construction and Iraqi private company Bilal.

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