Iran Solar Power Investment

What is Iran's potential for solar-based electricity generation?

Iran's potentials for solar-based electricity generation At present, Iran is producing only 0.46% of its energy from renewable energy sources. In 2016, the country's renewable-based electricity generation sector was mainly comprised of 53.88 MW wind, 13.56 MW biomass, 0.51 MW solar and 0.44 MW hydropower .

Is Iran a good country for solar energy?

Among RE resources, Iran has the remarkable potential for solar energy with the average annual rate of 4.5–5.5 kWh/m 2. Under these conditions, solar photovoltaic (PV) power plants can play a crucial role in supplying a significant portion of the country's electricity demand.

Should you invest in solar energy development in Iran?

Therefore, many investors inside and outside the country are interested to invest in solar energy development. Iran’s total area is around 1600,000 km 2 or 1.6×10 12 m 2 with about 300 clear sunny days in a year and an average 2200 kW-h solar radiation per square meter.

Is solar energy a viable source of energy in Iran?

Particularly, Iran enjoys a high potential for solar radiation up to 5.5 kWh/m 2 /day where implementation of solar power plants is completely feasible and affordable , . Due to great access to solar energy, several studies have evaluated the potential of generating electricity from this abundant and clean source of energy.

How much solar power does Iran have?

Iran has an installed renewable energy power generation capacity of around 900MW, of which about 414MW is represented by solar installations. According to the International Renewable Energy Agency, the country installed around 50MW of new PV power in 2020 and around 90MW in 2019.

Does Iran have a solar power plant?

Iran now is the world’s 14th biggest of solar power plants. The country’s total potential for producing solar and wind energy is estimated to be around 40,000 GW h and 100,000 MW h . Electricity production in Iran was about 212.8 (billion kW h) and electricity consumption was 206.7 (billion kW h) in 2012 , .