Solar Market Outlook in Iraq
For many years now, Iraq has been solid in its commitment in clean energy by attracting investors in solar equipment and power plants. In terms of renewable energy sources, the majority of them are dedicated to solar energy and are favorable for the country given that it receives a large amount of sunlight per year in most of its regions.
As of 2021, Iraq has reached various deals with private sectors in order to continue rolling out its solar projects and meet its renewable energy target in the next few years. One of them is the June 2021 deal with Abu Dhabi’s Masdar (also known as the Abu Dhabi Future Energy Company) wherein a 2 GW solar energy plant will be constructed. This project will cost approximately $1 Billion. This is just one of many steps that Iraq has taken in order to curb its reliance on traditional energy sources, diversify its energy mix, and to reduce carbon emissions. The last one – reducing pollution – is a strong motivator for the Iraqi government given that the country ranks 12th in the world in terms of pollution.
TotalEnergies from France is also set to build a 1GW solar park in Southern Iraq. This was announced in September 2021 and the project will cost $27 Billion.
Solar Energy Equipment Supply Capacity in Iraq
Despite the promising future of the solar market in Iraq, there is a limited number of local suppliers and distributors. There is no shortage of global and online distributors and suppliers for those who want to switch to solar energy in Iraq.
Top Major Seaports & Logistics in Iraq
There are plenty of seaports in Iraq for the trade and transport of solar power equipment namely
- the Port of Basrah,
- Port of Khor Al Zubair,
- Port of Umm Qasr,
- the Port of Mina Al Bakr.
Custom Made Solar Products OEM
OEM stands for Original Equipment Manufacturer which is commonly referred to as a company that manufactures and offers parts and accessories of items that are used as components of a product from another company. To sum it up, OEM commonly manufactures specific items on behalf of brands. Though OEM typically operates in the computer and technology industries, it also works in the solar industry.
Factories for White Label Solar Products
In the case of the solar industry, most solar companies work with solar OEMs to build and design their own solar products such as solar panels, cells, modules, etc. OEM becomes their outsourcing partner that helps them in assembling and reproducing their solar products.
Nowadays, a huge number of solar companies, particularly those large solar manufacturing companies, are partnering with outstanding solar OEMs to deliver the best quality solar products to their solar customers. Mainly, the reason is, these solar OEMs help solar manufacturers cut down their production costs since they no longer have to operate their own factories, purchase needed materials and hire labour to produce their solar products.
As a solar manufacturing company, the first thing you need to consider is to find the most reliable solar OEM in the market. One of the biggest perks of the internet these days is you can now easily find these OEMs even in the comfort of your home. With the help of a solar outsourcing marketplace such as SolarFeeds.com, you can easily find the most reliable and right OEM partner for your solar company. Solar outsourcing marketplace helps solar industry professionals gather accurate and timely information about solar including the list of most trusted Solar Original Equipment Manufacturers.