Registration of 80,000 MW demand of private sector investors for construction of renewable power plants in Iran

Registration of 80,000 MW demand of private sector investors for construction of renewable power plants in Iran

After public call for the construction of 10,000 MW renewable power plant, 80.000 MW requests were registered, which is a significant number and shows that there is a high level of enthusiasm among investors in this field. According to the Public Relations and International Affairs Office of SATBA, "Mahmoud Kamani", Deputy Minister and Chairman of SATBA, in an interview, spoke about the organization's commitment to previous contracts and said about changing the approach of SATBA: The development of renewable energy in Iran was in the model of guaranteed purchase of electricity and 905 MW of renewable electricity in the country was installed. He added: "This electricity production was in two models: 70 MW rooftop and small scale and the rest was large megawatt power plants.”
He pointed out that the previous model was dependent on budget resources, and on the other hand its budget was not fully funded, therefore it had created obstacles for the further development of renewable energy.
"Our plan to develop 10,000 megawatts of renewable electricity over the next four years goes back to the type of models, not that we did not have the capacity before," he said. Our country is in a good position in terms of renewable energy potential, which in addition to very good potential in the field of solar and wind, we can also utilize biomass, geothermal and hydropower.
"Many investors are interested in investing in renewable energy" he said. During our call for the construction of 10,000 MW renewable power plants, we have so far applied for the construction of 80,000 MW, which is a significant number and shows that there is great enthusiasm among investors. He added: "On the other hand, the engineering potential of the country allows this target to be fully implemented in the country."
For explaining the new model of the SATBA in purchasing renewable electricity, Kamani said: "This makes is attractive for investors that the investment return rate is shorter and also the Ministry of Energy is not committed to the owner of the power plant for a long time and is not attached to annual budgets." Referring to the high number of applicants in this regard, he continued: "In this regard, investors are evaluated and monitored and finally capable investors are selected."

Dec 12, 2021 13:04
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