Azernews.Az

Saturday April 20 2024

Major solar power plant comes on stream in Iran

29 August 2014 10:50 (UTC+04:00)
Major solar power plant comes on stream in Iran

By Sara Rajabova

Iran officially inaugurated the country's biggest solar power plant on August 27 - Malard - which is located in Central Alborz province.

Vice President Mohammad Shariatmadari attended the inauguration ceremony, Mehr News Agency reported.

The facility has the capacity to produce 514 kilowatt hours of electricity, which is two times more that the capacity of the country's second biggest solar plant. Shiraz solar power plant's production capacity is 250 kilowatt hours.

Iranian Energy Minister Hamid Chitchian previously said that the country will allocate loans equal to half of the cost of constructing renewable power plants to the private sector.

Iran plans to construct some solar panels with the capacity to produce 485 megawatt of electricity. Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion in investments for the construction of three new power plants.

The country's total potential for producing solar and wind energy is estimated to be around 40 million and 100,000 megawatt hours. The country's power generation capacity is currently over 70 gigawatts.

It currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, Syria, and Iraq.

Iran is now the world's 14th biggest owner of solar power plants.

Loading...
Latest See more