Wednesday, 22 January 2020

Qatar to build new solar power plant


Qatar is also in the race of acquiring solar energy and therefore, has signed an agreement with French energy giant Total and Japan's Marubeni to build a solar power plant capable of generating 800 megawatts, a tenth of country's peak energy demand, according to the country's energy minister. 

The Al Kharsaah plant has an estimated cost of 1.7 billion riyals ($467m) and is expected to be complete by the year 2022 in an anticipation of the grand event FIFA World Cup. 

Energy Minister Saad al-Kaabi told a news briefing on Sunday, said:
"Today is the commencement of the project itself and we expected by the first quarter of 2021 to have half of the [plant's] capacity up and running."

It is assumed that the solar power plant will have the capacity to generate about eight times the size of the solar energy Qatar had pledged to build, helping the organisation of a carbon-neutral event," al-Kaabi continued, referring to the 2022 tournament.

Other companies such as Qatar's Siraj Energy, a joint venture owned by Qatar Petroleum (QP) and Qatar Electricity and Water Company (QEWC), hold a 60 percent stake in the solar plant. The remaining 40 percent will be owned by both Marubeni and Total. Marubeni will take 51 percent of the minority stake, while Total will have 49 percent.

Patrick Pouyanne, Total's chief executive, said the solar plant, once complete, will be the largest ever built by the French conglomerate. In the past, Gulf States, have heavily dependent on oil and gas, but now they are investing billions of dollars in clean energy projects, mainly in solar and nuclear.

But critics say many such projects are slow to get off the drawing board.
On the other hand, the United Arab Emirates (UAE) said last week its first nuclear power plant would start operating within months after repeated delays to meet safety and regulatory conditions. It is pertinent to mention here that UAE will have the first operational nuclear reactor in the Arab world.

Saudi Arabia, the world's top crude oil exporter, has said it plans to build up to 16 nuclear reactors, but the projects have yet to be materialised.

Critics say the addiction to oil is hard to kick, particularly when supplies remain abundant and the high costs of investment in infrastructure needed to switch to renewable.

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