Iran starts construction of its biggest renewable power plant

Business Materials 9 December 2016 17:14 (UTC +04:00)

Baku, Azerbaijan, Dec. 9
By Emil Ilgar – Trend:
Iran has started construction of its biggest renewable power facility, composed of both wind farms and solar power plants, with 200 megawatts (MW) of capacity, IRNA reports.
The facility is being constructed in Arvand Free Economic Zone.
In the first stage of the project a wind farm with 50 MW of generation capacity and 80 million euros of worth will be constructed.
Iran has signed an agreement with Germany’s eab New Energy GmbH to realize this project attracting 200 million euros in direct investment from the company.
The second stage would add 40 MW of wind power and 110 MW of solar power to the generation capacity.
Currently, renewables share only 0.32 percent of Iran’s total nominal power generation capacity (75,912 MW).
Iran plans to increase renewables capacity from the current 240 MW to about 5,240 MW by 2021.