Sunday 19 January 2020

#Qatar to build solar power plant with Total and Marubeni - Reuters

Qatar to build solar power plant with Total and Marubeni - Reuters:

Qatar has signed an agreement with France’s Total and Japan’s Marubeni to build a solar power project with capacity of about 800 megawatts (MW), Qatar’s energy minister said on Sunday.

The cost of the project is about 1.7 billion riyals ($467 million), Saad al-Kaabi, who is also chief executive of Qatar Petroleum (QP), told a news conference in Doha. 


Qatar’s Siraj Energy, a joint venture owned by QP and Qatar Electricity and Water Company (QEWC), will hold a 60% stake in the solar plant. The remaining 40% will be owned by both Marubeni and Total.

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