Baku, Azerbaijan, Oct.11
By Khalid Kazimov – Trend:
An Iranian-German joint venture says it will launch the construction process of the first phase of a 100 megawatt (MW) solar power plant on Oct.12 in the central province of Yazd.
Amir Eslamnezhad, the head of the joint venture, has said that the German side will bring $120 million in investment to support the project in Meybod County, IRNA news agency reported.
The company official added that the joint venture plans to construct solar power plants with a total capacity of 500 MW in the country and the groundbreaking ceremony for the first phase of the 100 MW plant will take place on Thursday.
He further added that the first phase of the project includes the construction of a 10 MW power plant with an estimated investment of $12 million.
Amir Eslamnezhad expects the 10 MW power plant to be completed by the end of the current Iranian calendar year (ends on March 20.
He also suggested that the project would reach its maximum capacity of 100 MW by March 2019.
Iran plans to add 7,500 MW to its capacity for generating power from renewable sources by 2030.
Nominal electric generation capacity in Iran has increased by 680 MW to 77,108 MW since the beginning of current Iranian fiscal year.
Gas power plants (27,258 MW) share 35.35 percent of the generation capacity, while the shares of combined-cycle (19,470 MW) and steam power plants (15,829 MW) account for 25.25 and 20.53 percent, respectively.
Hydroelectric (11,811 MW) and Bushehr nuclear power plants’ (1,020 MW) nominal electric generation capacities are equal to 15.32 and 1.32 percent of the country’s electric generation capacity, while the share of the renewables stands at only 0.39 percent or 301 MW.
Iran plans to increase its nominal electric generation capacity to 80,000 MW by summer 2018.