Iran approves $3 billion worth of foreign renewable energy investments

Iran’s Energy Minister Hamid Chitchian said earlier this week that the Finance Ministry had approved foreign investments in the country’s renewable energy industry worth $3 billion. “Iran intends to launch a large-scale project to construct renewable energy power plants over the sixth Five-Year Development Plan to generate five thousand megawatts [5 GW] of energy in the country,” explained Hamid Chitchian. Speaking at the inauguration of a second 7 megawatt (MW) solar plant at the Shahid
Iran approves $3 billion worth of foreign renewable energy investments

Iran’s Energy Minister Hamid Chitchian said earlier this week that the Finance Ministry had approved foreign investments in the country’s renewable energy industry worth $3 billion. “Iran intends to launch a large-scale project to construct renewable energy power plants over the sixth Five-Year Development Plan to generate five thousand megawatts [5 GW] of energy in the country,” explained Hamid Chitchian. Speaking at the inauguration of a second 7 megawatt (MW) solar plant at the Shahid