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Renewable Energy Organization and Electricity Efficiency (SATBA) of Iran launches a fresh new tender for developing 4 GW of solar photovoltaic (PV) capacity.
SATBA wants to choose tenders up to 10 MW capacity from foreign as well as domestic investors for the solar projects. Once projects are selected, the permission for construction and fiex tariff will be granted.
The agency said that currently, there are around 80 GW of renewable energy project under review which were submitted by private investors.
Earlier, the Iranian Ministry of Energy announced a tender for installing 10 GW of renewable energy in the coming four years, to overall deploy 30 GW of generating capacity.
In total, the country has installed 1 GW of renewable energy, out of which 456 MW accounts for solar. Iran installed 26 MW of PV capacity in the last financial year, 50 MW in the year 2020, and 90 MW in 2019.