5 GW of renewable plans hang in the balance following reenaction of Iranian sanctions
As U.S. President Trump re-imposed sanctions on Iran, many solar companies – predominantly from Europe – were in the process of developing massive project pipelines in the country. These are now in jeopardy, even with blocking statute imposed by the EU. Those seeking to pursue plans demand safe financial channels from the EU in order to continue developing PV projects, and to signal a clear commitment to the Iran Nuclear Deal.
Scatec wants to double size of project pipeline
Chief executive of Norwegian developer tells markets his company will deliver on 1.5 GW promise by the end of the year – by including any projects it has broken ground on.
Italy’s Maresca Group plans 200 MW of solar in Iran
Following the completion of a 10 MW solar PV plant on the Iranian island of Qeshm, the Italian company is now planning to build another two projects with a capacity of 100 MW each in the country.
Financing PV projects in Iran remains challenging
Interview: Iran intends to build new PV and wind power plants totaling 5 GW in the coming years. The first PPAs have already been signed. Among them, Germany’s Geon secured a FIT contract for a 120 MW solar park. The company’s managing director, Sharam Roghani explains why this is only half the battle and why financing projects in Iran remains difficult. He has not found a lender yet, and time is running out.
Norwegian firm signs 2 GW, $2.9bn solar project deal in Iran
Saga Energy, a partner of Taiwan’s Delta Group, has inked a €2.5 billion deal to construct 2 GW of solar PV in Iran, working alongside local partner Amin Energy. Company also hopes to build module fab in the country.
Interview: Quercus CEO reveals more about 600 MW Iranian solar project
Diego Biasi, CEO of British investment firm Quercus, talks to pv magazine about the company’s plans to develop a 600 MW solar farm in Iran, which will not only be one of the biggest PV plants in the world but a seismic solar development for both the MENA region and Iran.
Quercus to build 600 MW in Iran
Quercus Investment Partners has revealed plans to develop, build and run 600 MW of solar capacity in Iran.
Iran sees number of solar parks under construction or coming online increase
Another 20 MW solar plant was connected to the grid in the Iranian southeastern province of Kerman, where at the same time construction started on a 100 MW PV facility.
Construction begins on 30 MW solar plant in Iran
The solar facility is being built under the country’s FIT program in North Khorasan, a province located in northeastern Iran.
Iran pushes for more residential and commercial PV
The Iranian government is seeking to create awareness of the advantages of the FIT program for PV projects not exceeding 100 kW in size.
