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

July 3, 2014
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

December 3, 2025
The Australian Renewable Energy Agency (ARENA) has announced up to AU$151 million (US$98 million) in conditional funding for Sunman Energy to establish a 500MW per annum solar module manufacturing facility in the Hunter Valley, New South Wales (NSW).
December 2, 2025
Sunsure Energy has signed a long-term power purchase agreement (PPA) with Indian drinking water brand Bisleri International.
December 2, 2025
Swiss electrification specialist ABB has acquired solar PV inverter and power conversion system (PCS) producer Gamesa Electric for an undisclosed sum.
December 2, 2025
Astronergy and JA Solar have 'reached an agreement on cross-licencing' of tunnel oxide passivated contact (TOPCon) patents moving forward.
December 2, 2025
Australia's NEM faces a fundamental transformation as solar PV generation and BESS drive the transition to a low-emissions energy system.
Sponsored
December 2, 2025
PV Tech sat down with Voltage Energy’s CEO, Li Wang, and discussed the advantages of aluminium and the use of virtual reality in the eBOS field.

Upcoming Events

Upcoming Webinars
December 4, 2025
2pm GMT / 3pm CET
Upcoming Webinars
December 17, 2025
2pm GMT / 3pm CET
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy