Iran Power Generation, Distribution and Transmission Company (Tavanir) and the Renewable Energy and Energy Efficiency Organization (Satba) are no longer allowed to sign agreements to buy green power from private electricity producers based on previous models that guaranteed electricity purchase for 20 years, the energy minister said.
“A new model of contracts will be made in the near future and until further notice, neither the state-run Satba nor Tavanir is permitted to conclude deals with the private sector,” Ali Akbar Mehrabian was also quoted as saying by Barq News.
The installed capacity of renewable energy in Iran has reached 900 megawatts and plans are underway to raise the capacity to 10 gigawatts over the next four years, he added, without providing details.
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