Iran’s renewable power generation capacity reaches 760 MW
The capacity of Iran’s renewable power plants has reached 760 megawatts (MW), Press TV reported on Saturday, citing Iranian Energy Ministry’s news portal (known as PAVEN).
As reported, a total of 115 renewable power plants were active across Iran as of July 2019 and the construction is ongoing for another 32 plants to supply an extra 380 megawatts of renewables to the national power grid.
According to PAVEN, currently renewable power plants have created 43,450 job opportunities across the country and the volume of private investment in this sector has exceeded 124 trillion rials (over $2.95 billion).
It said the bulk of electricity generation from renewables, around 85 percent, came from solar and wind plants, adding that biomass accounted for only once percent of the total output.
Renewables, including hydropower, account for just six percent of the country’s total energy generation, versus natural gas’ 90 percent share.
Overall, in the next five years, Iran is aiming for a 5,000 MW increase in renewable capacity to meet growing domestic demand and expand its presence in the regional electricity market.
According to Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA), the number of small scale solar power plants across the country which are used by households or small industries is being increased noticeably as Iranian households and small industries have embraced the new technology with open arms and investors also seem eager for more contribution in this area.
Currently over 100 large-scale renewable power plants are operating across Iran.
Earlier this month, Seyed Mohammad Sadeqzadeh, the head of SATBA, announced that Iran plans to add electricity generated from renewable sources to its export backset.
According to the official the capacity of power generation from the renewable sources will exceed 1000MW by the end of the current Iranian year (March 19, 2020).
source: Tehran Times
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
