Interview: Seyed Moslem Mousavi, Chief executive officer of The Iran Renewable Energy Association, revealed that large volumes of grid-connected PV power are expected to come online this year in Iran, and that, however, projects realized with locally manufactured PV modules, which have right to higher FITs, are still missing.
Between 750 MW and 800 MW of renewable energy generation capacity will be installed in Iran in the country’s current calender year. Most of this capacity will come from solar and wind. Meanwhile, the country has reached approximately 22 MW of cumulative installed solar capacity, as of the end of February 2017.
The German company has installed and commissioned two PV power plants in Iran, totaling 14 MW. Project costs of US $21m were all equity financed by Athos.
Swiss company New Energy Solutions will begin construction of four solar farms in Iran in March, with a combined capacity of 120 MW, as Iran remains solar’s ultimate unknown quantity.
Eye-catching news regarding solar PV in Iran is coming thick and fast, which is piquing the interest of investors in the Iranian energy market. But how realistic is Irans anticipated solar PV renaissance?
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