Energy
0

PV Power Purchase Prices Up 25%

PV Power Purchase Prices Up 25%
PV Power Purchase Prices Up 25%

The state-run Renewable Energy and Energy Efficiency Organization (Satba) has increased the guaranteed purchase prices for generating electricity from small-scale photovoltaic (PV) power stations by 25% per kilowatt on average, the spokesman of Iran's Renewable Energy and Energy Efficiency Organization said.
“New prices for generating electricity from small-scale solar power stations [with less than 20 kilowatt capacity] have risen by 20% per kilowatt, reaching 6 cents/kWh. Tariffs for bigger photovoltaic power plants [with a capacity of 20-200 kW] have risen by 30% and now stand at 5.5 cents/kWh,” Jafar Mohammadnejad Sigaroudi was also quoted as saying by IRNA.
In addition to expanding green energy, small-scale plants will generate income for deprived families as the Energy Ministry has guaranteed the purchase of electricity generated by solar sources for 20 years, he added.

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