Interview: Iran intends to build new PV and wind power plants totaling 5 GW in the coming years. The first PPAs have already been signed. Among them, Germany’s Geon secured a FIT contract for a 120 MW solar park. The company’s managing director, Sharam Roghani explains why this is only half the battle and why financing projects in Iran remains difficult. He has not found a lender yet, and time is running out.
Saga Energy, a partner of Taiwan’s Delta Group, has inked a €2.5 billion deal to construct 2 GW of solar PV in Iran, working alongside local partner Amin Energy. Company also hopes to build module fab in the country.
Diego Biasi, CEO of British investment firm Quercus, talks to pv magazine about the company’s plans to develop a 600 MW solar farm in Iran, which will not only be one of the biggest PV plants in the world but a seismic solar development for both the MENA region and Iran.
Quercus Investment Partners has revealed plans to develop, build and run 600 MW of solar capacity in Iran.
Another 20 MW solar plant was connected to the grid in the Iranian southeastern province of Kerman, where at the same time construction started on a 100 MW PV facility.
The solar facility is being built under the country’s FIT program in North Khorasan, a province located in northeastern Iran.
The Iranian government is seeking to create awareness of the advantages of the FIT program for PV projects not exceeding 100 kW in size.
Interview: Seyed Moslem Mousavi, Chief executive officer of The Iran Renewable Energy Association, revealed that large volumes of grid-connected PV power are expected to come online this year in Iran, and that, however, projects realized with locally manufactured PV modules, which have right to higher FITs, are still missing.
Between 750 MW and 800 MW of renewable energy generation capacity will be installed in Iran in the country’s current calender year. Most of this capacity will come from solar and wind. Meanwhile, the country has reached approximately 22 MW of cumulative installed solar capacity, as of the end of February 2017.
The German company has installed and commissioned two PV power plants in Iran, totaling 14 MW. Project costs of US $21m were all equity financed by Athos.
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