Iran is planning to add renewable energy of 10 GW capacity in the coming 4 years as a part of its aim to deploy 30 GW from renewable sources.
The Ministry and the Renewable Energy and Energy Efficiency Organization (SATBA) signed an agreement to set up 10 GW capacity of energy and will allocate nearly $71.4 million. More than 80 GW of projects have been submitted for review by private investors.
Iran has 900 MW of installed renewable energy capacity and 414 MW of which is from solar energy. In the year 2020, the country installed 50 MW and in 2019, 90 MW of solar power capacity.
Iran faces difficulty in access to finance and re-imposed sanctions from the USA and hence the country is unable to meet the expectation of generating electricity from solar.
Recently, A new silicon solar cell production factory opened up in western Iran with 150 MW capacity. The factory was inaugurated in the presence of Iran’s Minister of Energy Ali Akbar Mehrabian, and other officials. Mana Energy Pak (MEP Cell) operates the factory.