IDRO, Chinese Firm Sign PV Panel Deal
IDRO, Chinese Firm Sign PV Panel Deal

Iran, Chinese Firm Sign PV Panel Deal

Iran, Chinese Firm Sign PV Panel Deal

The Industrial Development and Renovation Organization of Iran and China's Znshine PV-Tech Company signed a memorandum of understanding on Sunday to set up an automated production line of photovoltaic panels in Iran.

According to IDRO’s official website, the MoU will help attract foreign finance for the construction of a 200-megawatt solar plant. The agreement is estimated to be worth €20 million ($23.5 million).

Officials say the plant's photovoltaic panels will be able to generate over 300 gigawatt-hours of electricity per annum upon its completion. Founded in 1988, Znshine is a power station developer and operator.

It covers a wide range of business, including projects on investment and operation, EPC services and module manufacturing.

Iran’s largest solar panel manufacturing company is under construction in Shiraz, the capital of Fars Province.

Fars and Bushehr provinces are leading the field in developing solar panel manufacturing plants. A total of 83 such plants are to be established in the two provinces.


Short URL : https://goo.gl/Etspt5
  1. https://goo.gl/hVvA5B
  • https://goo.gl/m1Lfd2
  • https://goo.gl/W5Ysn2
  • https://goo.gl/nw2jfY
  • https://goo.gl/3FbvZJ

You can also read ...

China Can Substitute US Crude With Iranian Oil
Beijing’s retaliatory measures against US tariffs can include...
Exxon to Build LNG Terminal in Australia
ExxonMobil plans to develop a project to import liquefied...
Goldman kept its forecast that Brent Crude will hit $82.50 a barrel this summer and end 2018 at $75 per barrel.
Despite expectations that OPEC and Russia will likely decide...
Iran to Tap International Banks for Energy Finance
Domestic water and power plans are expected to draw a total of...
Japan Accelerates Plan for Restoring Gas Supply
Japan’s Osaka Gas Company said on Tuesday it would bring...
NIOC Needs to Maintain Current Output, Exports
Despite the US-Saudi Arabia ploy to coerce OPEC members' to...

Add new comment

Read our comment policy before posting your viewpoints