Sunday 2 December 2012

Gas-rich Qatar to invest up to $20 billion in solar energy plant | Reuters

OPEC member Qatar will ask firms to tender for a 1,800 megawatt (MW) solar energy plant in 2014 costing between $10-20 billion as the world's highest per capita greenhouse gas emitter seeks to increase its renewable energy production.

"We need to diversify our energy mix," said Fahad Bin Mohammed al-Attiya, chairman of the Qatari organizers of climate talks in Doha. The United Nations-led summit is being held among almost 200 nations from November 26-December 7.

Qatar, the world's top exporter of liquefied natural gas (LNG), has been wary of a global shift to renewable energy, fearing it will hit demand for oil and gas from OPEC producers.

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