BAGHDAD (AP) — Iraq has signed a contract with a United Arab Emirates-based renewable energy developer to build five solar power plants in the oil-rich country with a chronic energy problem. The signing took place in Baghdad Wednesday between Iraqi officials and the chief executive officer of Masdar, in the presence of Iraqi Prime Minister Mustafa al-Kadhimi. The agreement says the plants would be developed in four provinces across the country. Iraq hopes the agreement would help mitigate its energy supply gap. The country is a major oil producer with plentiful energy resources. Still, Iraq suffers daily power outages due to rampant corruption, an aging grid and other technical issues.
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