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Iran's Ambitious Solar Farm Plans to Boost Renewable Energy
Iran has allocated 2,178 hectares of national land for the construction of solar farms, according to the Head of Iran Small Industries and Industrial Parks Organization (ISIPO), Farshad Moghimi. The ISIPO is prioritizing the development of solar power plants and aims to launch two specialized solar parks by February 2024. In December 2023, Iranian renewable power plants generated 125 million kilowatt-hours of electricity, saving natural gas consumption, water usage, and preventing the emission of 70,000 tons of greenhouse gases. The capacity of Iran's renewable power plants currently stands at 1,085 MW, with plans to add 5,400 MW over the next Iranian calendar year.The Iranian government has implemented new investment packages and strategies to attract capital for renewable projects, leading to increased investment in the sector. The construction of renewable power plants is expected to reduce reliance on fossil fuels and address the country's fuel and electricity imbalance. The government has also signed a memorandum of understanding with the Iran National Innovation Fund to provide facilities for small-scale renewable energy projects. The aim is to grant facilities for green electricity supply contracts, industrial self-supply power plants, and renewable power plants in industrial and specialized solar towns over the next five years. What measures has Iran taken to attract investment for renewable projects and reduce reliance on fossil fuels? The Iranian government has allocated 2,178 hectares of national land specifically for the construction of solar farms, demonstrating its commitment to renewable energy development. The Iran Small Industries and Industrial Parks Organization (ISIPO) is prioritizing the development of solar power plants and has set a target to launch two specialized solar parks by February 2024. In December 2023, Iranian renewable power plants generated 125 million kilowatt-hours of electricity, resulting in significant savings in natural gas consumption, water usage, and the prevention of 70,000 tons of greenhouse gas emissions. Iran currently has a renewable power plant capacity of 1,085 MW, and there are plans to add an additional 5,400 MW over the next Iranian calendar year, indicating a strong commitment to expanding renewable energy infrastructure. The Iranian government has implemented new investment packages and strategies to attract capital for renewable projects, leading to increased investment in the sector. This demonstrates the government's recognition of the importance of renewable energy in reducing reliance on fossil fuels. A memorandum of understanding has been signed between the Iranian government and the Iran National Innovation Fund to provide facilities for small-scale renewable energy projects. This initiative aims to support the development of green electricity supply contracts, industrial self-supply power plants, and renewable power plants in industrial and specialized solar towns over the next five years. These measures highlight Iran's efforts to diversify its energy sources and reduce its dependence on fossil fuels, contributing to a more sustainable and environmentally friendly energy sector.
Jan 15, 2024 // Plants, Large-Scale, Commercial, Asia, Iran, PV Power Plant
Iran Aims To Get International Solar Alliance Membership
Iran has just recently sent a Bill to the Parliament, aiming to get onboarded as a member to the International Solar Alliance. As per the country's Sixth Development Plan, it must have augmented its share of renewable power in power generation by at the very least 5 percent. Currently, the share of renewables in Iran's electrical energy generation is just a little over 1.1%. The small set up capacity of Iran presently stands at 90 GW, with renewable share in addition to solar farms asserting only 970 MW Iran's government has set sights on becoming the main manufacturer of power with the help of clean resources of energy via the development of renewable power plants by 13 times. Based on the Ministry of Energy, solar energy plants take pride in an annual production of 455.28 MW. According to the Ministry of Energy, solar energy plants have an annual production of 455.28 megawatts and a share of a little over half of renewable electrical power. Wind power plants, on the other hand, have a share of 34.31%. Introduced by India's Prime Minister Narendra Modi in 2015, the International Solar Alliance is an initiative by India as well as France that seeks to augment solar power while additionally lowering the price of solar power generation by way of aggregation of demand for solar financing, modern technologies, innovation, r & d, and also capacity building. A couple of days back, the Caribbean small island developing states (SIDS) of Antigua and also Barbuda, which rely on considerably on petroleum to produce power. Having actually signed up with the agreement, As well as for electricity production and also transportation, petroleum is utilized thoroughly. The agreement will certainly pave the way for Antigua and also Barbuda to be able to access to financing in addition to innovations for renewable energy. India is functioning closely with the government towards the proposals connected to USD 10 mn credit line assistance for solar power.
Jan 9, 2023 // Markets & Finance News, Policy, Asia, North America, Iran, wind power plants, solar power plants, Renewable Electricity, Antigua and Barbuda, Solar Farms, international solar alliance, installed capacity, Sixth Development Plan
PV to address water scarcity
of Sitangkai and Sibutu, where many seaweed farms are located. Iran’s water crisis Meanwhile, a study produced by Finland’s
Oct 30, 2019 // Technology, Plants, Markets & Finance News, Storage, Asia, Philippines, MinDA, Iran, Emmanuel Piñol, desalination plants
Acwa Power eyes Iraq solar schemes
country imports an average of 1,200 MW of electrical energy each year from Iran to augment supply. Building works are likewise ongoing for numerous projects
Jun 22, 2020 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, ACWA Power, Paddy Padmanathan
Afghanistan state power firm concurs collaboration for 4 projects
25MW ability each, will be constructed in Herat district, near the border with Iran. A floating solar energy terminal will also be developed at Naghlu dam in the
Sep 28, 2020 // Plants, Large-Scale, Commercial, Floating PV, Asia, Afghanistan, Da Afghanistan Breshna Shirkat, Lima Khoram
US Senators Target China Solar Firms in Tax Credit Ban
would bar credits from going to entities associated with countries like China, Iran, North Korea, and Russia. How will proposed bill impact solar industry's ties
Aug 1, 2024 // Markets & Finance News, Policy, USA, China, Asia, North America
Iran opens up 150-MW solar PV factory
Iran's Renewable Energy and Energy Efficiency Organization, likewise called SATBA, recently opened up a 150-MW solar cell and module manufacturing facility near the city of Khomein, Khomeyn County in Markazi Province.
Dec 27, 2021 // Manufacturing News, Asia, solar cell, PV module, Iran
Pakistan To Build 300 MW Solar Power Plant In Gwadar Instead Of Coal Based Plant
which contributes to the problems. Pakistan has authorized contracts with Iran under which it currently imports upto 70 MW of electrical power from
Jul 28, 2022 // Plants, Large-Scale, Commercial, Solar Power Plant, China Pakistan Economic Corridor, CPEC, Gwadar Port, Khurram Dastgir Khan, Power Division, Thar coal
Iraq, UAE sign offer on 5 solar electrical power plants
has expanded dependent on gas and electricity imports from neighbouring Iran, under exceptions to US sanctions on
Oct 18, 2021 // Plants, Large-Scale, Commercial, Asia, UAE, PV Power Plant, Iraq
US cautions against lure of cheap Chinese solar imports
by itself.” He also lauded India for stopping oil imports from Iran, which he claimed had hurt Indian consumers by attacking facilities in Saudi
Oct 9, 2019 // Markets & Finance News, USA, China, Asia, North America, Francis Fannon, Indian solar, Iran
TotalEnergies, Iraq to Move Ahead on $10 Billion Energy Plan
very own gas can help Iraq reduce its dependence on imports of the fuel from Iran-- on which it relies for power generation. As well as using seawater to boost
Apr 5, 2023 // Markets & Finance News, Asia, Iraq, TotalEnergies
Iraq Aims To Develop 5,000 MW Solar Power Projects Next Year
MW. A big part of its requirement is fulfilled with electricity imports from Iran. There are strategies to import electricity also from Jordan and also other
Oct 11, 2022 // Plants, Markets & Finance News, Masdar, Asia, Iraq, Adel Karim, OPEC
Iraq, TotalEnergies Near To Finalizing Offer on Oil, Solar Projects
instability. Baghdad, which wishes to reduce its reliance on gas imports from Iran, gave its authorization in July for a preliminary contract with TotalEnergies
Sep 3, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Iraq, solar projects, TotalEnergies
Germany's Renewable Energy Pledge Blackened By Coal
bloc as a matter of fact has been quick to rip off vital vendors, be it Iran, Venezuela, as well as now Russia, when it matched them, without taking into
Jun 22, 2022 // Markets & Finance News, Germany, Ukraine, Europe, Asia, Russia, gazprom, Gas supply, Green energy pledge, Robert Habeck
Photovoltaic or pv callous boost greenhouse energy performance
from Iran's Shiraz University as well as Mälardalen University, in Sweden, have actually assessed exactly how a PV blind system can decrease the
Aug 19, 2020 // Technology, Plants, Commercial, Sweden, Europe, Asia, Iran, PV system, PV blind system