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

October 6, 2026
Australia's utility-scale solar and wind assets generated a combined 5.44TWh across the NEM in September 2026.
Premium
October 6, 2026
Australia's NEM recorded a combined 4,780GWh of solar generation in September 2026: 1,805GWh from utility-scale and 2,975GWh from rooftop.
October 5, 2026
Japanese trading company Sumitomo has invested in a utility-scale renewable energy park combining solar PV, wind and energy storage in India.
October 5, 2026
Enel has completed the acquisition of seven PV sites in the Southern US, via its wholly-owned subsidiary, Enel Green Power North America.
October 5, 2026
A round-up of the latest financing news from the US PV industry, with Maxwell Power, CleanChoice Energy and Lydian Energy securing a combined US$1.3 billion.
October 5, 2026
Waaree Power Private Limited, a wholly owned subsidiary of Indian PV cell and module manufacturer Waaree Energies, has started commercial operations at a 1.1GW solar inverter manufacturing line.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK