Signed an MoU with the Iraqi Ministry of Electricity for 1 GW of solar PV projects.

FAS Energy is a leading renewable energy developer and EPC contractor based in Saudi Arabia, specializing in utility-scale solar PV and wind projects. The company focuses on developing, financing, building, and operating renewable energy assets primarily across the Middle East, North Africa, and Central Asia regions.

The Iraqi Ministry of Electricity is a government entity responsible for the planning, development, operation, and regulation of Iraq's national electricity sector. Its core mission is to ensure a stable and sufficient power supply for the country, overseeing generation, transmission, and distribution infrastructure, often through partnerships with international companies.