Turkey to invest in building solar power plant in Iran

Baku, Azerbaijan, March 2

By Fatih Karimov - Trend:

Turkish investors will participate in a solar power plant project in Iranian central province of Alborz, an Iranian official has said.

Ebadollah Kamkar, deputy governor general of Alborz, said that the Turkish investors will undertake the project for building an 80 megawatts solar power plant, SHANA news agency reported March 2.

The $60 million worth project will become operational within 18 months, the official said, adding the foreign party will undertake 100 percent of the investment share.

He also said that a German delegation visited the province earlier and discussed investments for building power plants in the province.

Last February, Homayoun Haeri, the managing director of Iran Power Generation, Transmission and Distribution Management Company (TAVANIR), said 10 percent of Iran's electricity needs will be met by solar and wind power plants by 2022.

He added that Iranian solar and wind power plants will generate 12,000 MW of electricity annually.

Iran's power generation capacity currently stands at around 74,000 MW, of that some 12,000 MW accounts for hydroelectric power plants, 1000 MW for a nuclear power plant and the remaining for thermal power plants.

According to a recent annual report, Iran's capacity of producing renewable energy stands at 232 megawatts, 0.31 percent of the country's total power generation capacity.

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