Iran and Spain sign clean energy deal
Iranian firm Sunir and Spanish company Bester confirmed a new agreement on Monday and will launch regional and international clean energy projects
Iran and Spain have signed a renewable energy agreement and will collaborate on designing and manufacturing clean technologies.
Iranian firm Sunir and Spanish company Bester confirmed the agreement on Monday and will launch regional and international clean energy projects, according to Iran’s official state news agency Islamic Republic News Agency (IRNA).
The two companies will cooperate on technical aspects of renewable energy technology for 18 months as part of the deal and Bester will work as a consultant to Sunir.
Bester will also be an investor on joint clean energy projects with Sunir.
The agreement is designed to transfer clean technology and renewable energy equipment to Iran.
Spain is the world’s fourth largest manufacturer of solar power systems and the new agreement is aimed at helping the country achieve its target of adding 10,000 megawatts of solar power capacity by 2020.
Iranian officials have unveiled plans for the production of 5,000 megawatts of electricity using renewables by 2018.
In January, a senior Iranian energy official announced that the government is aiming to double its renewable energy capacity.
Homayoun Haeri, director of Iran’s Power Generation and Transmission Company (TAVANIR), said that plans are in place to increase wind and solar power generation across the country.
Iran currently generates about 10,000 megawatts of electricity from hydropower plants has significant potential for renewable energy generation including geothermal, solar and wind power.
