QatarEnergy to take full control of solar power firm Siraj Energy

QatarEnergy has agreed to acquire the remaining 49% stake in Siraj Energy in a deal that will boost its total solar power capacity under direct control to 1.675 GW.  Set up in 2017, Siraj Energy is active in financing, building, operating and maintaining solar power facilities across Qatar.  According to Qatar’s Minister of State for Energy Affairs and CEO of QatarEnergy, the agreed buyout is an “important step for QatarEnergy in consolidating its position in the renewables business and in delivering its Sustainability Strategy mid-term target of generating 5 gigawatts of solar power by 2035.”