4 days ago
NIC Grants 4 Renewable Energy Licences so far This Year
By John Lee.
As part of government efforts to diversify Iraq's energy mix and reduce reliance on fossil fuels, the National Investment Commission (NIC) has awarded four major investment licences in the renewable energy sector during 2025.
NIC Chairman Dr. Haider Mohammed Makkia [Makiyya] re-announced the licences on Wednesday, noting their alignment with Iraq's National Renewable Energy Strategy and environmental sustainability objectives.
The approved projects include:
Dr. Makkia stressed that these projects reflect NIC's commitment to enabling both local and international investment in clean energy, aimed at supporting Iraq's national grid while reducing carbon emissions and strengthening energy security.
He confirmed that all projects will be executed by specialised companies using modern technologies and internationally recognised environmental standards.
" These investments are an important step towards achieving Iraq's sustainable development goals and supporting the national economy with stable, clean electricity, " he said.
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