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Minister of Energy announced: Support for domestic and foreign investors to export electricity from renewable sources

Minister of Energy announced: Support for domestic and foreign investors to export electricity from renewable sources

The Minister of Energy spoke to the people in the program on the first TV channel of the Islamic Republic of Iran regarding the status and plans of the water and electricity industry, while pointing out that Iran wants to become an energy hub in the region. He also announced the approved terms of non-state-owned renewable and clean electricity exports to countries outside.
Based on SATBA’s public relations and international affairs office, Dr. Ardakanian has endorsed the goal of this approval to encourage domestic and foreign investors to generate solar and wind power from the country's vast plains and export it to neighboring countries. In this process, domestic and foreign investors will have the right to directly enter into a contract for the sale of electricity with Iran's neighbors, while the ministry of energy will play a facilitating role, and only the cost of transit of electricity will be obtained from investors. The report adds that the renewable energy and energy efficiency organization (SATBA) will issue licenses to applicants in a week time, for the construction of renewable energy power plants with the aim of exporting electricity. In this regard, applicants must submit their requests in writing to the SATBA.

Jul 19, 2018 10:45
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