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Iran Renewable Projects Looking for a Quick Fix

Iran Renewable Projects Looking for a Quick Fix Iran Renewable Projects Looking for a Quick Fix

Delays in paying private contractors have grounded many clean energy projects, a member of the Iran Renewable Energy Association (IrREA) said on Sunday.  
"Most private companies have not been paid since last July," Negin Beheshtkar was quoted as saying by ILNA.
Many contractors have abandoned the projects due to funding problems and some have gone bankrupt.
"IrREA had planned to build renewable power plants with total 60 megawatt capacity, of which only 1 MW was implemented in the past 6 months due to late payments," she added.
Renewable energy ventures are no more economically viable because the Energy Ministry does not feel committed to the producers, she rued.

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