Baku, Azerbaijan, Oct. 9
By Elnur Baghishov - Trend:
Iran has created opportunities for investors regarding alternative and renewable energy, and they can export electricity to neighboring countries by signing contracts, Iranian Energy Minister Reza Ardakanian said, IRNA reported.
He made the remarks Oct. 9 on the sidelines of the 3rd Iran Renewable Energy Conference and Exhibition (IRAN REC 2018).
Ardakanian said that the current capacity of alternative and renewable energy plants is more than 650 megawatts, and Iran plans to increase it by about 500 megawatts next year.
He said the energy sector’s problems that arose due to instability of Iran’s currency market are being investigated, adding that the number of investors in the alternative and renewable energy sector will increase rapidly once the issue is solved.
IRAN REC 2018 kicked off Oct. 9 at the IRIB International Conference Center with the participation of Energy Minister Reza Ardakanian and Iranian Vice President and Head of the Department of Environment (DoE) Isa Kalantari.
The event will last until Oct. 10.