This article compares Iraq's latest renewable energy policies with regional peers, forecasts C&I energy storage trends through 2030, and highlights industry-specific case studies, leveraging recent data to guide stakeholders in navigating this emerging market. . ts hydrocarbon-powered electricity plants. RCREEE announced in 2019 a collaboration with the United Nations Development Programme to support Iraq"s renewable e ighter Future - Analysis and key findings. Uti isation and Storage. Buildings; Energy Efficiency and. . Prime Minister Mohammed S. Al-Sudani oversaw the signing of three significant Memorandums of Understanding (MoUs) on Wednesday, two in the electricity sector and one to enhance commercial cooperation with the United States. The first MoU, signed with GE Vernova, outlines a strategic cooperation. . Introduced by Nisrin Khalil, Director at the German Liaison Office for Industry and Commerce in Iraq (AHK Iraq), this collaborative Iraq Energy Institute - AHK webinar took place on August 11th and discussed the challenges Iraq faces in its electricity sector, the opportunity this presents for. . GE Vernova will develop 24GW combined-cycle gas power plants under the agreement. The development comes as Iraq seeks to diversify its energy sources and reduce its reliance on Iranian power imports. Credit: Millenius/Shutterstock. Iraq has signed memoranda of understanding (MOUs) with the US to. . As of September 2025, Iraq stands at a critical juncture in its energy transition, seeking to harness its vast renewable energy potential to address chronic power shortages and reduce reliance on fossil fuels, which dominate over 98% of its energy mix. With ambitious targets to deploy 12GW of solar. . Recently, the Iraqi government signed several energy cooperation memorandums of understanding (MoUs), aiming to advance the construction of power generation projects with a total installed capacity of 27 gigawatts (GW), covering both gas and renewable energy generation. Iraqi Prime Minister Sudani. .