INSUBCONTINENT EXCLUSIVE:
2023-01-13T19:16:47.000000 Z / Iraqs federal government prepares to broaden its cooperation with Siemens Energy that will dedicate to
establishing jobs with a capacity of over 6 gigawatts in the next 5 years
Siemens Energy CEO Christian Bruch signed a memorandum of comprehending with Iraqi Electricity Minister Ziyad Ali to supply an additional 11
gigawatts for local power production, a statement from the German Economy Ministry stated
In the coming years, Iraq will invest significantly in its energy infrastructure, said German Economy Minister Robert Habeck, who attended
the signing of the MoU in Berlin together with Iraqi Foreign Minister Fuad Hussein
Siemens Energy will play an essential role in this development, Habeck added.The prepared jobs consist of building and developing power
generation centers for both traditional and renewable energy sources, the ministry declaration said.A declaration by the workplace of Iraqs
Prime Minister said that the offer also includes designing a long strategy to benefit from the associated gas, a by-product of the oil
extraction process, and enhance the performance of the nationwide power grid
The German company, according to the MoU, will develop solar and wind power plants, and train personnel at the Iraqi ministry of electrical
A reliable power supply is the structure for a stable society
Electrification of big parts of a whole country is therefore one of the most important jobs of our organization, Siemens Energy CEO
Christian Bruch said in a declaration to Reuters ahead of the meeting.He said the business would work to guarantee that this was attained as
quickly as possible together with its partners in Iraq.
