Energy
0

Iran Encouraging Renewables Export

Iran Encouraging Renewables Export
Iran Encouraging Renewables Export

The Renewable Energy and Energy Efficiency Organization (Satba), affiliated to the Energy Ministry, has taken measures to encourage investors to export renewable energy, the head of the organization said at the Fourth Solar Energy Conference in Tehran last week.
“Over 3,000 small-scale [with under 1-megawatt capacity] and 70 industrial renewable power plants [with over 1-megawatt capacity] are operating across the country,” Bargh News website also quoted Seyyed Mohammad Sadeqzadeh as saying.
“Regarding the guaranteed purchase method of solar power, we have been able to attract a huge number of investors in this field,” he added.
According to official reports, private companies have so far invested over $1 billion in this sector.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com