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Germany to build solar power plant in Iran

Business Materials 8 March 2016 14:11 (UTC +04:00)

Baku, Azerbaijan, March 8

By Fatih Karimov - Trend:

A German company will construct a solar power plant in Iran's southern city of Shiraz.

The company has sent a delegation to Tehran to discuss the issue with Iranian officials, Fars news agency quoted a source in German delegation March 8.

The project will start in Shiraz in the near future, the source said, adding the contract for constructing the power plant is expected to be finalized during the ongoing visit.

No further information was unveiled about the company name and the project details.

A German government research reveals 'excellent' opportunities for solar power generation in Iran.

"Iran's potential for PV (Photovoltaics) is extremely high, having an excellent solar irradiation and high electricity demand," the government commissioned report called "Enabling PV Iran" said, laying out the guidelines for entry into the Iranian PV market for German companies.

The report referred to the country's inflation rate and financial resources as the major obstacles on the way of PV development in Iran.

"Thanks to the great efforts of the Renewable Energy Organization of Iran (SUNA), for large scale PV power plant above 100 kWp, there is a fairly well standardized process defined which gives confidence to investors," noted the study.

Last November Iranian media reported that the country's Energy efficiency Organization (IEEO) has granted several German companies with permissions to build a number of solar power plants with the capacity of producing 1260 megawatt of electricity in the country.

In February 2015, Homayoun Haeri, the managing director of TAVANIR (Iran Power Generation Transmission & Distribution Management Company) also said ten 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.

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