Iran’s Renewable Power Capacity to Surpass 4,000 MW by Mid-2021
Iran’s energy officials said the capacity for electricity production from the renewable sources would increase by five times to reach a target of 4,000 megawatts (MW) in the summer of 2021 when the current administrative government leaves office.
“The Ministry of Energy is determined to bring the output capacity of renewable energy to 4,000 MW by the end of the 12th administration,” Iranian Deputy Energy Minister Homayoun Haeri said on Monday.
He noted that the target would mean nearly a five-fold increase from Iran’s current output from renewables, which is 841 MW, or 7.3 terawatt hours (TWh) in energy consumption terms.
Haeri said Iran managed to use 500 MW of electricity generated from renewable sources over the peak months of summer when energy consumptions substantially increases across the country, especially in the arid regions in south and east.
The Iranian deputy energy minister said that the amount of solar energy hitting Iran is estimated to hit 1.3 petawatts (PW), equal to some 150,000 MW of generation capacity and nearly double the current capacity of output from all sources.
He said Iran has already introduced overpricing for reneawbles to encourage home and industry producers to feed more power to the grid.
In a relevant development, the Iranian government announced earlier that Iran would finalize a major contract for production of solar panels with a foreign company during an energy conference in Tehran.
source: Fars News
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
