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Qatar Solar Energy signs agreement with Kazatomprom

Expected to accelerate Qatar’s renewable energy production

| | Aug 13, 2014 | 11:40 am
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Expected to accelerate Qatar’s renewable energy production

In a communiqué, Qatar Solar Energy (QSE) has announced signing an agreement with Kazatomprom, based in the Republic of Kazakhstan. The move will help it secure solar grade silicon, the raw material used to make solar panels, at an extremely competitive fixed cost for the next 10 years, the announcement added.

According to QSE, the agreement, which was signed by Salim Abbassi, CEO of QSE, and Azat Betekbaev, Chairman of Kazatomprom’s Solar Division, will also contribute to accelerating its solar power purchase agreements (PPA) in Kazakhstan.

About the agreement Abbassi commented: “This partnership allows QSE to secure the entire value chain from raw material to smart-grid development, and provides a powerful foundation from which QSE will further expand its production capacity to 2.5 GW. The steady supply of quality raw material is crucial to Qatar Solar Energy’s mission to deliver on the promise of low-cost and affordable renewable energy for populations across the world.”

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