TEHRAN Iran has signed an arrangement with private investors to develop solar energy plants by the summertime of 2025, aiming to deal with the nations electricity supply imbalance.Mohsen Tarztalab, Deputy Energy Minister and Head of the Renewable Energy and Energy Efficiency Organization (SATBA), stated during the signing event that economic sector involvement is a favorable action and that all efforts should be directed toward fixing power shortages.Our top priority is to entrust existing infrastructure to the private sector before the federal government intervenes, Tarztalab said.He added that Iran is pursuing unique permits from the Supreme National Security Council to accelerate economic sector projects.Addressing concerns about power circulation companies, Tarztalab guaranteed that any emerging issues would be without delay resolved.He also noted that personal companies generating export earnings would be eligible for foreign currency responsibility waivers.Last week, the head of Tehran Regional Electricity Company stated that a three-megawatt solar energy plant worth around 900 billion rials ($1.8 million) will be built in the Iranian capital.Farhad Shabihi revealed the launch of building for 120 megawatts of eco-friendly power plants, each with a capability of 3 megawatts or less, in Tehran Province, IRIB reported.In combination with the 46th anniversary of the Islamic Revolution, building of the three-megawatt solar energy plant, valued at 900 billion rials, has actually begun in northern Tehran.
Once functional, it will be connected to the nationwide power grid, he said.EF/ MA