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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.

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.

of Sitangkai and Sibutu, where many seaweed farms are located. Iran’s water crisis Meanwhile, a study produced by Finland’s

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

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

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

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.

which contributes to the problems. Pakistan has authorized contracts with Iran under which it currently imports upto 70 MW of electrical power from

has expanded dependent on gas and electricity imports from neighbouring Iran, under exceptions to US sanctions on

by itself.” He also lauded India for stopping oil imports from Iran, which he claimed had hurt Indian consumers by attacking facilities in Saudi

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

instability. Baghdad, which wishes to reduce its reliance on gas imports from Iran, gave its authorization in July for a preliminary contract with TotalEnergies

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

from Iran's Shiraz University as well as Mälardalen University, in Sweden, have actually assessed exactly how a PV blind system can decrease the

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