8669
1,000MW Expected Through Renewables
Energy

1,000MW Expected Through Renewables

Contracts have been signed for the construction of more than 1,000 megawatts (MW) of renewable energy power stations during the current Iranian calendar year (ends March 20), deputy energy minister said Saturday.
The deals were signed with private firms for construction of solar and wind power plants, of which a few have already been put into effect, Tasnim news agency reported.
According to projections, a further 200 MW of wind power plants will go on stream by yearend, Houshang Falahatian said, also underlining that in the past 35 years only 150 MW of wind power plants were built across the country.
Efforts have been made to expand photovoltaic power plants, whereby the electricity required for public spaces, e.g. schools, offices, mosques, etc., will be generated.
A drastic reduction in household electricity bills, a 50-percent rebate from the ministry of energy and the potential for selling surplus power back to the power grid are the chief benefits of the solar energy panels, the official noted.
Currently, $47 million has been allocated to develop solar energy by making use of solar cells. Households have been called upon by the government to install solar energy systems for their houses in exchange for 50% of the installation cost as ex gratia loans.
While the share of renewable resources in the total energy production currently stands at almost 0.5%, the number is expected to reach 5 percent in the next four years.

 

Short URL : http://goo.gl/qYATJ1

You can also read ...

Venezuelan Refineries in Danger of Seizure
In 2007, following Venezuela’s expropriation of billions of...
China Tariffs to Darken Prospects of US LNG
This winter could be a bleak one for America’s natural gas...
Chevron to Develop Iraqi Oilfields
Iraq’s state-run Basra Oil Company and Chevron, an American...
Caspian Convention Can Help Boost Iran Oil, Gas Exports
The Convention on the Legal Status of the Caspian Sea will...
Spanish Esproenko to Continue Iran Business
Esproenko International, which specializes in oil and gas...
NIGC Export Capacity at 75 mcm Per Day
The National Iranian Gas Company’s capacity to export natural...
OPEC Should Remain Independent, Apolitical
Some members of the Organization of Petroleum Exporting...
Higher Electricity Tariffs Should Moderate Usage
Imposing higher tariffs on those who exceed fair consumption...

Trending

Googleplus