Iran plans to double renewable power capacity

Business Materials 30 March 2018 15:20 (UTC +04:00)

Baku, Azerbaijan, March 30

By Khalid Kazimov – Trend:

Iran plans to double its capacity for power generation from renewable sources over the current calendar year which started on March 20.

Iranian Energy Minister Reza Ardakanian has said that a total capacity of 1500 megawatt (MW) for power generation from renewable and thermal power plants will come on stream over the next three months, ISNA news agency reported.

The country’s current capacity for power generation from renewables stands at 500 MW which is projected to hit 1000 MW over the current year.

The figure is expected to reach 4000 MW over the next two years, the report added.

The country’s power plants produced over 305.937 TWh (terawatt hours) of electricity the last fiscal year.

The nominal electric generation capacity of the country increased by 1,993 MW to reach 78,421 MW last year.