Iran invites firms to develop 4GW solar projects

Follow-ups -eshrag News:

Thu, 2022-05-05 14:54

Iran’s Renewable Energy and Energy Efficiency Organization, also known as Satba, has invited proposals from companies to develop solar power plants across the nation with a combined total capacity of 4 gigawatts, according to a Meed report.

The invitation was made on May 1, and each bidder is expected to propose developing at least one 14 megawatts solar power plant.

As a part of the nation’s program to boost its renewable energy capacity, Iran has set a target of elevating the share of renewables for electricity production to at least 4 percent to up to 12 percent by 2030.

The country currently has a total renewable capacity of 920MW as of 2021, equating to 1.07 percent of its total nominal generation installed capacity of 86,000MW. 

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Business & Economy
solar power

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