(MENAFN – The Peninsula) Mohammad Shoeb | The Peninsula
Qatar is fully committed to combating climate change, and investing heavily on green technology and renewable energy to mitigate the global environmental goals by reducing its carbon footprint in several sectors of the economy through various ways, noted the Qatar Embassy in the US.
Qatar, the world’s largest producer and exporter of liquefied natural gas (LNG) — the cleanest form of fossil fuel— has been promoting and investing significantly over the last few years on solar energy, improving energy efficiency and deploying cutting-edge technologies such as carbon capturing and storage (CCS) facilities as part of its long-term strategy under the Qatar National Vision 2030.
‘Qatar is committed to fighting climate change, having made several pledges to lower our carbon footprint through renewable solar energy and green investments, the Qatar’s Embassy in Washington tweeted.
The embassy also highlighted that Qatar is fighting the climate change through a combination of factors which include carbon neutral FIFA World Cup 2020, using renewable solar energy to generate 200 megawatts (MW) within the next couple of years, and encouraging green investments in Qatar and beyond.
Notably, Amir H H Sheikh Tamim bin Hamad Al Thani, in September last year, while participating at the UN Climate Action Summit 2019 in New York, had announced Qatar’s contribution of $100m (about QR364m) for the support of small developing island states and the least developed states to deal with the climate change, natural hazards, environmental challenges and to build the capacity to counter their destructive effects.
Within two weeks after the UN Climate Action Summit Qatar had commissioned a carbon capture and storage plant, which is the largest carbon recovery and sequestration facility in the region. The plant aims to sequester 5 million tonnes of carbon from its liquefied natural gas (LNG) facilities by 2025.
In yet another big initiative, early this year on January 19, Qatar signed an agreement with France’s Total and Japan’s Marubeni to build an ambitious solar power project with capacity of about 800 MW, which equals about 10 percent of Qatar’s current peak electricity demand. With an estimated total cost of QR1.7bn ($467m), the Large-Scale Solar PV Power Plant will be constructed at Al-Kharsaah area west of Doha on a 10 square kilometre land plot.
Qatar’s Siraj Energy, a joint venture owned by Qatar Petroleum (QP) and Qatar Electricity and Water Company (QEWC), will hold a 60 percent stake in the solar plant. The remaining 40 percent will be owned by both Marubeni and Total.
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