Foreign Interest in  Renewable Energy Projects

Foreign Interest in Renewable Energy Projects

Companies from Germany, Japan and South Korea have entered negotiations with Iran over construction of several renewable power stations, managing director of Iran Power Generation and Transmission Company (Tavanir) announced Friday.
“We have requests coming every day from different countries for investment in our renewable energy projects,” Homayoun Haeri stated, adding that Tavanir has reached initial agreement with companies from Germany, Japan and South Korea in this regard.
Haeri added that it’s possible to sign a deal, in the coming weeks, over transfer of technical knowhow from Europe for construction of renewable power stations.  
Meanwhile, he said that talks are being held with four European countries over investment in Iran’s upcoming renewable energy projects, including wind and solar power plants.
At the same time, Iran plans to connect its power grid with networks of some European countries. “There is a huge potential in our electric power industry,” Haeri stated, adding that technical-level talks have commenced as to connect the country’s electricity network with that of Russia. “We aim to implement this project through neighboring countries,” he said.
Haeri said that the government plans to double the capacity of Iran’s wind and solar power generation across the country.
The official also noted that Iran is currently among major countries in the region in terms of the electricity generation capacity, although it still has a lot to do to optimize energy consumption.
There are plans for production of 5,000 megawatts (MW) of electricity using renewable energy sources until 2018. Iran currently produces 10,000 MW of electricity from hydropower plants.
Due to its geographical position, Iran enjoys enormous potential for production of different kinds of renewable energies, including geothermal, solar and wind power.
Iran seeks to gradually shift its energy consumption toward renewable resources in a bid to derive the remarkable economic benefits of the sector and tackle growing environmental problems.


Short URL : http://goo.gl/dbzmO8

You can also read ...

Iran Discovers New Shale Deposits in Sea of Oman
Iran's Research Institute of Petroleum Industry has discovered...
Iran Oil Exports to India Hit Record
India purchased about 700,000 barrels of crude oil from Iran...
Aramco Trading currently trades 3.6 million barrels per day of crude and refined products.
Aramco Trading, the commercial arm of oil giant Saudi Aramco,...
Iran's current natural gas output stands at 230 billion cubic meters per annum.
The state-run National Iranian Gas Company is determined to...
US crude inventories rose by 1.1 million barrels in the week to April 20 to reach 429.1 million.
Oil prices on Wednesday fell back from more than three-year...
German Ambassador Klor-Berchtold (L) meets Energy Minster Reza Ardakanian in Tehran on April 24.
Germany is ready to develop energy ties with Iran by focusing...
Nationwide Euro-4 Diesel Distribution in June
The distribution of Euro-4 diesel will commence in June...