Iran, Denmark to boost energy co-op

Business Materials 1 June 2016 16:19 (UTC +04:00)

Baku, Azerbaijan, June 1

By Fatih Karimov - Trend:

Iran and Denmark will boost cooperation in the fields of water and wastewater as well as renewable energy.

The issue was discussed during a meeting of Danish Ambassador to Iran Danny Annan and Iran's energy ministry officials, IRIB news agency reported June 1.

The Danish diplomat offered to Iranian side that a memorandum of understanding for mutual cooperation in the aforementioned areas to be signed during the upcoming visit of Iran's energy minister, Hamid Chitchian to Denmark.

During the meeting it was decided that the Danish side submits its draft proposal to Iran's energy ministry for review within three weeks.

The sides also agreed to hold expert level meetings in the fields of water and wastewater management.

In January Chitchian announced an offer by Denmark to develop renewable energy industry in Iran and build a wind turbine manufacturing factory in the country following a meeting with Danish Foreign Minister Christian Jensen.

Chitchian told reporters that Denmark is looking to build a manufacturing hub in Iran from where it can export the wind energy equipment to other countries in the region.

Chitchian had earlier revealed that Iran is looking to develop 5 GW of solar and wind energy capacity by 2018. Following the removal of international sanctions against Iran in January, several countries, mainly from Europe, offered their assistance in developing renewable energy infrastructure throughout Iran.