Beirut Boat Top Banner
 
Monday, December 18, 2017
Directory Directory Subscribe
Login
 

Qatar Petroleum and QEWC to form $500 million solar JV

 
 

Please, enter data

Please, enter data

Gulf Times, 7 January 2016

A $500 million (EUR 459m) solar energy joint venture will be created in the middle of 2016 by Qatar Petroleum (QP) and Qatar Electricity and Water Company (QEWC), the Gulf Times said last week.

As previously announced, the two companies have signed a memorandum of understanding (MOU) for the formation of a joint green energy company. Under the plan, QEWC will take a 60% stake in it and the remaining 40% will be held by Qatar Petroleum.

QEWC general manager Fahd bin Hamad al-Mohannadi told the Gulf Times that the joint venture will become reality in the middle of the year, without disclosing specific details. The company head was quoted as saying that studies have found significant solar potential in Qatar and some potential locations have already been identified.

The Qatar Electricity and Water Company plans to reach a capacity of about 11 GW in the first half of 2018, as compared to 8.6 GW currently. The solar MOU comes in line with efforts to diversify Qatar's energy mix and increase the use of renewables.
Gulf Times
4 January
 

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

MENA hotel investments to exceed US$14 billion in 2018
Hotelier Middle East, 18 December 2017

MEED Projects predicts that more than US$14bn worth of hotel construction contracts will be awarded in 2018.
 
MENA hotel investments to exceed US$14 billion in 2018
Lebanese Agriculture Minister visiting Iraq for agriculture talks
Daily Star, 18 December 2017

Lebanese Agriculture Minister visiting Iraq for agriculture talks
Qatar and Japan cooperate to enhance air quality monitoring
The Peninsula Qatar, 15 December 2017

Qatar and Japan cooperate to enhance air quality monitoring
Iraq Attracts Foreign Investors as Economy Improves
Financial Tribune, 14 December 2017

Iraq Attracts Foreign Investors as Economy Improves
Back to Home Page 1142 --- 0 <><><> 262.33333333333.....exvideo=0....eximage=0
P 0
BR 9

Beirut Boat Left Banner

 
4th Annual Future Landscape & Playspaces Abu Dhabi
29 - January 2018
MOI Innovation Summit
5 - February 2018
Future Traffic Security
8 - February 2018
3rd Annual Marine Data Infrastructure GCC
12 - February 2018
Future Civil Defense
9 - March 2018
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

RetrofitTech Dubai

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Project Qatar - 7 May - 10 May 2018  
  Qatar StoneTech - 7 May - 10 May 2018  
  Heavy Max - 7 May - 10 May 2018  
  Qatar Hospital Build - 7 May - 10 May 2018  
  Qatar School Build - 7 May - 10 May 2018  
  Qatar Sports Infrastructure - 7 May - 10 May 2018  
  Qatar Transport & Logistics - 7 May - 10 May 2018  
  Hospitality Qatar - 6 November - 8 November 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Heavy Max
Hospitality Qatar
Project Qatar
Qatar Hospital Build
Qatar School Build
Qatar Sports Infrastructure
Qatar StoneTech
Qatar Transport & Logistics
Iraq
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2017 - © All rights reserved