Iran to spend US$60 million on solar this year - report

Facebook
Twitter
LinkedIn
Reddit
Email

Iran is planning to spend US$60 million on solar projects this year, up from US$12 million last year, according to reports.

The government is looking particularly at supporting projects in rural areas served only by diesel-powered generators, an Associated Press report said.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Quoting one senior official at Iran’s Energy Ministry, AP said the country had recently passed laws encouraging domestic and foreign investment in renewable energy projects in Iran.

These include a feed-in tariff launched at the start of 2014, which will be paid for through surcharges on electricity bills.

Another Iranian official told AP the government installed solar panels at some 1,000 locations across Iran, including the rooftops of mosques, schools and government buildings.

During an Iranian trade delegation to Germany earlier this year, Iranian officials unveiled plans to build 5GW of renewable energy in the country by 2018. Although the majority of this is expected to come from wind, a significant chunk of PV is anticipated, reports said.

Read Next

May 18, 2026
Naqaa Sustainable Energy has signed a power purchase agreement (PPA) for a 2.7GW hybrid renewable energy project in Mahout and Duqm, Oman.
May 18, 2026
The Vietnamese state power utility Vietnam Energy Generation Corporation 1 (EVNGENCO1) has proposed the development of 270MW of floating solar PV capacity on three hydropower reservoirs.
May 18, 2026
RUMSL has launched two solar-plus-storage projects in India designed to provide power supply during peak demand periods.
May 18, 2026
US real estate company CIM Group has launched an energy platform with a 2GW portfolio of solar PV and battery energy storage system (BESS) assets.
May 18, 2026
OX2 has started construction work at its Muswellbrook project, which combines 135MW of solar capacity and 100MW of batteries.
May 18, 2026
Danish IPP European Energy has started constructing a 225.5MW agrivoltaic solar PV project in Sicily, which it claims will be the “largest” such project in Italy.

Upcoming Events

Solar Media Events
May 20, 2026
Porto, Portugal
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 2, 2026
Johannesburg, South Africa
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)