Qatar studying $1 billion solar energy project

DOHA, QATAR - Qatar is in "serious" talks with investors to build a $1 billion solar power project, an Arabic-language daily reported recently, citing an executive.

"Qatari and foreign entities are in serious talks... and a final agreement that will set the project's road map is expected to be arrived at soon," Shadi Abu Daher, regional manager of the World Trade Center in Doha, told Qatar's Al Arab newspaper.

He said negotiations began late last year.

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Energy Minister Steven Myers said one of those options will be identifying ways for Island communities to generate their own energy. 

He said the move would provide energy independence, create jobs and economic development, and save the communities on their energy bills.

But the move will require sweeping legislative changes, that may include the merging of the Electric Power Act and the Renewable Energy Act.  

Myers said creating energy independence should ensure a steady supply of electricity while…

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