Iraq has unveiled its intention to transition gradually to solar and other renewable energy sources, signaling a strategic move to alleviate pressure on its hydrocarbon resources, as stated by adviser to Prime Minister Mohammed Al-Sudani, Mudher Saleh. The OPEC member, renowned as the second-largest oil producer globally, anticipates a substantial surge in the contribution of renewable energy to its energy portfolio in the coming years.
Saleh, speaking to the official Iraqi News Agency on Sunday, highlighted the pivotal role of several solar power projects awarded to foreign companies in propelling Iraq towards a cleaner energy future. The country's commitment to embracing solar energy is buoyed by its advantageous climate, characterized by extended periods of sunlight, making solar projects highly feasible.
The government of Iraq has granted approval for the adoption of solar power across its various offices and establishments, signaling a broader national commitment to renewable energy. In addition, there are plans to incentivize and support the private sector's involvement in this transition. Mudher Saleh further disclosed that the Iraqi Central Bank recently initiated a program to facilitate citizens in transitioning to renewable energy for domestic use.
This strategic shift aligns with global efforts to diversify energy sources and reduce reliance on fossil fuels, positioning Iraq to harness the potential of abundant sunlight for sustainable energy production. The move also underscores a broader trend within OPEC nations, reflecting a growing awareness of the benefits and viability of renewable energy solutions in meeting evolving energy demands.
