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Iran’s renewables projects outlook

Business Materials 27 October 2016 14:57 (UTC +04:00)
With 290 sunny days covering most part of Iran, the Islamic Republic has huge potential to boost the renewables’ share in the country’s power generation.
Iran’s renewables projects outlook

Baku, Azerbaijan, Oct.27

By Dalga Khatinoglu – Trend:

With 290 sunny days covering most part of Iran, the Islamic Republic has huge potential to boost the renewables’ share in the country’s power generation.

Currently the figure stands at about 0.3 percent (240 megawatts), but according to an official document, obtained by Trend, the Energy Ministry of Iran has planned to increase the share of renewables in Iran’s total power generation to 3.78 percent by March 20 and 5 percent by March 2011.

Recently, the deputy of Energy Minister Houshang Falahatian told Trend on October 18 that Iran has 5-10 gigawatts (GW) renewable power firm projects for foreign companies in the next ten years.

Power plants

2016/2017

MW

2017/2018

MW

2018/2019

MW

2019/2020

MW

New solar power firms

350

600

960

960

New wind firms

140

90

100

100

Total cumulative renewables

730

1420

2480

3540

Total power generation

77422

80862

81997

91254

Iran’s power generation plans from current fiscal year to March 2020

The document didn’t cover the statistics for 2021, when Iran’s National 5-year Plan ends, but Energy Minister Hamid Chitchian told Trend in August that in five years, Iran expects to have actualized 5,000 MW of the power generated from renewable sources.

“Iran has devised plans worth $30 billion for developing its power infrastructure in the following five years, which include building power plants, repairing and upgrading current ones, as well as developing and making the power grid smart… Iran would add 26 GW to its nominal power generation capacity by 2021,” he said.

According to a report, published on energy ministry’s official website on Oct.26, Chitchian said during signing a memorandum of understanding with Finnish Minister for Foreign Trade and Development Kai Mykkänen on energy sector Iran keen to import the” technology” of renewables firms.

During the current fiscal year, started on March 21, Iran added 5 MW to its renewables capacity.

Dalga Khatinoglu is the head of Trend Agency's Iran news service, follow him on Twitter:@dalgakhatinoglu

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