The prospect of meeting a sizable share of electricity demand through renewables requires a stronger support by banking system, a senior energy official said.
"However, such a promise by the government has not been fulfilled by financial institutions," Mohammad Javad Mousavi, a board member of Iran Renewable Energy Association, was also quoted as saying by ILNA.
Mousavi noted that despite the government's promise to make the guaranteed purchase of power generated by renewable power plants, "banks are not cooperating with the projects", which is poisoning the renewables outlook.
July 31, 2018 18:33
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