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We explore how Iraq''s project financing initiative, driven by new banking systems and loan programs, aims to boost industrial growth and participation. Cabin...
The meeting granted initial approval for two 20-megawatt solar power stations in Al-Rusafa and Al-Karkh, while the Ministry of Electricity will install two 3-megawatt solar units at the Army Canal site as part of Iraq''s
An overview of the different BESS revenue strategies that help secure financing (fully merchant, floor pricing, tolling), including examples.
Watch the Webinar On Demand Peak Power''s finance webinar provided valuable insights into financing options and strategies for battery energy storage system projects. The webinar highlighted the positive growth outlook
As Iraq accelerates its development efforts, Project Iraq – Baghdad 2025, the 3rd International Trade Exhibition for Construction, Infrastructure, Building Materials & Equipment, returns from 24 – 26 June 2025
Discover a 61.44kWh solar energy storage project in Iraq using MOTOMA LiFePO4 batteries and Deye 3-phase inverte for reliable hybrid power solutio.
The next big challenge for energy storage, after bringing down the cost so that storage is economic and finding a suitable business model, is financing.
The 2025 summer saw unprecedented blackouts affecting 12 million residents, exposing vulnerabilities in an energy system that still relies on fossil fuels for 85% of electricity
Iraq has struck a major deal with France''''s TotalEnergies company, bringing in $27 billion in foreign investment to build up natural resource development and electricity
GoodPeak, a rapidly growing utility-scale battery energy storage and solar platform, announced today the closing of construction credit facilities with Pathward®, N.A. and BridgePeak Energy Capital, enabling
By John Lee. The Chairman of Iraq''s National Investment Commission (NIC), Dr. Haider Mohammed Makiyya, announced the restart of 503 investment projects across the country, as part of a national plan to stimulate
Introducing the 10kWh/15kWh Lithium Battery + Smart Inverter System, engineered specifically for Iraq''s harsh climate and energy needs. This all-in-one solution delivers uninterrupted power,
Well, imagine trying to power a city with a battery that''s half-charged—it''s like trying to run a marathon with one shoe. Both regions are tackling energy challenges head-on,
A Vision for the Future Iraq''s inclusion in The B1M ''s top mega projects list is a testament to the country''s resilience and forward-looking vision. The Central Bank Tower and Grand Al-Faw Port not only raise Iraq''s
US consultancy firm Oliver Wyman is advising Iraq on options to fund the Development Road project. In May 2024, Iraqi News Agency reported that General Company
A solar project is generating during peak hours of the day, the sun goes down and then the battery kicks in for another four hours. Many of the deals bankers see have power
By John Lee. Talaat Moustafa Group Holding (TMG Holding) has confirmed that it is in advanced negotiations with Iraq''s National Investment Commission (NIC) to develop a large-scale mixed-use project southwest of
Introducing the 10kWh/15kWh Lithium Battery + Smart Inverter System, engineered specifically for Iraq''s harsh climate and energy needs. This all-in-one solution
This webinar is ideal for anyone involved in the implementation of battery energy storage projects at their facilities and will provide valuable insights and strategies for successful deal design
By John Lee. Iraq''s Ministry of Planning held a technical meeting in Baghdad on Tuesday with a delegation from the World Bank, led by Deputy Minister for Technical Affairs, Dr. Maher Hammad Johan, to discuss
The Iraqi Prime Minister revealed that 15 solar energy projects will increase the country''s electricity production by 5,720 megawatts.
The Iraq government plans to complete $150bn of infrastructure projects by 2025, creating huge new opportunities for international investors, real estate developers and
Electrical energy is a vital sector in Iraq that requires much investment, restoration, and development. For this reason, Electricity and Power Iraq will be held concurrently with Project
In our view, there is a need for greater collaboration between sponsors developing the batteries, regulators and national policymakers setting renewable targets, and the financing community
These projects were built with high-quality materials and modern design principles, adding long-term developmental value to the city of Erbil. Being awarded the "Most
This project includes a Battery Energy Storage System (BESS) with a capacity of 500 megawatt-hours to support the power grid during peak demand. These developments
By John Lee. Iraq''s Minister of Transport, Razzaq Muhibis Al-Saadawi, has announced progress on the Development Road Project, emphasizing that following the completion of detailed designs, the project will
Explore Iraq''s latest solar incentives, government-backed loans, and how home energy storage offers a smart, stable solution for power-hungry households.
Washington, June 25, 2025 – The World Bank Board of Executive Directors approved yesterday a US$930 million financing to help improve Iraq''s railway performance, boost domestic trade, create jobs, and diversify the economy.
By Samer Khraishi, Regional Director for Account Management and Business Development, GCC, Iraq and Jordan at BPC. Any opinions expressed are those of the author
Iraq''s planning minister announced on Wednesday that the 2025 budget does not allocate funds for new investment projects and only funds ongoing ones.
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