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 energy.

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.