Satba Obliged to Pave Way for Renewable Energy Investors

EghtesadOnline: The production and export of green energy should be as competitive as possible, such that private investors are able to handle all operations without government intervention.

News ID: ۷۵۱۸۷۷

14 September 2022

The Renewable Energy and Energy Efficiency Organization (Satba) is obliged to prepare the ground for private sector investment in and the export of renewables.

Energy Minister Ali Akbar Mehrabian made the statement on the sidelines of the inauguration of the 12th Iran International Renewable Energy and Energy Efficiency Exhibition in Tehran on Monday, ILNA reported.

“The Energy Ministry is preparing a plan of action based on which solar and wind power generated by private companies can be sold without state interference,” he added.

According to the minister, the production and export of green energy should be as competitive as possible, such that private investors are able to handle all operations without government intervention.