Denikon, an Italian renewables developer, and Sinosteel Corporation, a Chinese state-owned enterprise focussed mainly on metallurgy and engineering, have signed a Memorandum of Understanding (MoU) to install between 500 and 1000 MW solar photovoltaic capacity in Iran.
Energy Finance & Investment News in Iran
UK-based renewables investor Quercus Investment Partners has signed a deal to develop, build and run a 600-megawatt (MW) solar farm in Iran.
MECI Group International has announced it has signed an agreement with Iran’s government to build a wind farm.
According to Hamid Chitchian, the Iranian Energy Minister, the country has plans to launch energy tender process to attract about US$12 billion of investment in utility scale renewable energy projects.
The Cassa Depositi e Prestiti (CDP) Group has recently announced plans to issue €4 billion (US$4.5 billion) in credit lines to support major infrastructure, oil & gas, and transport projects in Iran.