Iraq gravity energy storage project factory operation announcement

How has GE vernova impacted Iraq?

Over the past years, GE Vernova has added up to 19 GW to Iraq’s grid, constructed and energized 30 substations, and completed the first phase of Iraq’s electrical grid connection with Jordan. The company has mobilized over US$3 billion in financing for energy projects and continues to invest in local talent development and workforce training.

What is Iraq's Energy Modernization Project?

Ziad Ali Fadhil, Iraqi Minister of Electricity, said: “This modernization project aligns with our strategic goals and represents a significant milestone in Iraq’s energy transition. It enables additional electricity production and improves fuel efficiency, thereby reducing carbon intensity.”

Does GE vernova work with mass group holding in Iraq?

“For nearly two decades, GE Vernova has collaborated closely with Mass Group Holding in Iraq, supplying advanced technology to four of the group’s power plants located in Besmaya, Erbil, Sulaymaniyah, and Dohuk.

Does mass group have a cement factory in Iraq?

In Iraq, where its expansion journey began, Mass Group established a cement factory with a massive production capacity estimated at 6 million tons annually, covering a quarter of the country's needs for this essential building material.

What is gas growth integrated project (ggip)?

This facility, which is part of the Gas Growth Integrated Project (GGIP), represents an investment of around USD 250 million and will process 50 million cubic feet per day (Mcf/d) of gas previously flared. The gas will supply local power plants, covering the demand of approximately 200,000 households in the Basra region.

Could artawigas25 be used in other Iraqi oil fields?

The innovative modular design of ArtawiGas25 could also pave the way for potential replication across other Iraqi oil fields. ArtawiGas25 will create up to 160 direct and indirect jobs for Iraqi nationals during construction phase and 30 jobs during operation phase.