Iran has opened a tender for new solar capacity
Pragmatism fuels Iran's renewables ambitions
Gas and water shortfalls are propelling Tehran to intensify a quest for investment in non-hydro renewable power
Iran’s Renewable Energy and Electricity Efficiency Organisation in April invited investors to bid to develop 4GW of solar PV capacity, claiming to have received interest in over 20 times that capacity during a tender late last year. The latest tender calls for local and foreign firms to propose PV projects of 10MW and over. Proposals must include the intended financing method—a key point for any prospective overseas bidders given US-led restrictions on Iran’s access to the international financial system. Commissioning would be required within two years of an award, according to state media, aligning with the target set by the administration when it took office in August to have 5GW of non-hy
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
