Al Kharsaah will provide sustainable, affordable and clean energy to industries, services and individuals through the Qatari grid starting from 2021 with an initial 350 MWp capacity before reaching its full capacity in 2022. It will represent around 10% of the country's electricity peak demand and will reduce the CO2 emissions of Qatar by 26 million t during the life of the project. The solar plant will be built on over 1000 hectares of land and equipped with 2 million bifacial solar modules with trackers, allowing substantial power gains and leveraging the advantage of the exceptional sunlight exposure in the region. It will represent an investment of around US$500 million.
The project will be developed and operated by Siraj 1 SPV, jointly owned by the Consortium of Total Solar International and Marubeni (40%), alongside Siraj Energy (60%), a Joint Venture between Qatar Petroleum (40%) and Qatar Electricity & Water Company (60%). The project benefits from a 25-year power purchase agreement (PPA) to supply electricity to the offtaker Kahramaa.
Total is integrating climate change into its strategy by building a portfolio of low-carbon businesses that could account for 15 to 20% of its sales by 2040. Total's gross low-carbon power generation capacity worldwide is currently close to 7 GW, with over 3 GW of this coming from renewable energies.
