German company signs PPA for 100 MW solar plant in Iran

Iran is opening up to outside investment and the PV market wants to take full advantage of this. European PV companies seem to be the ones taking the first steps in the country, which has huge solar resources and a need for extra power.

Planet in Green Projects GmbH is a German consultancy company that specializes in PV projects. The contract that it has concluded with the with Iranian renewable energy organization SUNA is for a 100 MWp close to Iran, which will produce 165 million kWh per annum.

The PPA has now been agreed for a 20-year term, with a feed-in tariff of IRR 3,200 (USD0.105) per kWh, which Claus Preuss, Managing Director of Planet in Green, confirmed with pv magazine. O&M teams are already in place, and the company confirmed that it is in close collaboration with module and inverter suppliers. The company aims to begin construction on the project in autumn 2016.

“We are pleased to come to this contractual agreement together with our Iranian expert and partner Amir Alayary,” said Preuss. “This is a good start, and as our interest in Iranian projects is high we consider to develop additional, but smaller projects of 10-20 MWp size.”

It is an exciting time for PV in Iran, as many solar companies have been investigating the potential within the market. Earlier in the year a German-Iranian collaborative report, “Enabling PV Iran,” highlighted the many opportunities for PV in the country.

Some of the most recent exciting developments include Italian companies agreeing to build 1 GW of solar farms in the country, and German SCHMID Group agreeing with the Industrial Development & Renovation Organization of Iran (IDRO) to develop a state of the art PV manufacturing facility in the country.