Satba

Iran’s renewable energy capacity has reached a new milestone amid extensive government support for the sector.

Iran is preparing for a transformative shift in its energy landscape with a strategy aimed at expanding renewable energy capacity, combining the reliability of hydroelectric power with the growing potential of solar energy.

EghtesadOnline: The Renewable Energy and Energy Efficiency Organization ( Satba ) plans to add 10 gigawatts to the current renewable electricity capacity of Iran in the next four years, the managing director of Satba said.

EghtesadOnline: The Energy Ministry has called on the Renewable Energy and Energy Efficiency Organization—a state-owned entity also known as Satba —to prepare the ground for private sector investment in and export of renewables.

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.

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.

EghtesadOnline: According to the sixth Five Year Economic Development Plan (2017-22), renewable energy should comprise 5% of the total power capacity; however, this share is hardly 1% indicating that expansion of renewables has fallen behind schedule, spokesman of Renewable Energy and Energy Efficiency Organization ( Satba ) said.

EghtesadOnline: Solar power generated by using domestically-made solar panels is purchased at higher prices, spokesman of the Renewable Energy and Energy Efficiency Organization ( Satba ) said.

EghtesadOnline: The Renewable Energy and Energy Efficiency Organization—a subsidiary of the Energy Ministry also known as Satba —was founded to help promote green energy but has failed in its mission, said an entrepreneur and founder of the first solar-powered office building in Iran.

EghtesadOnline: The Renewable Energy and Energy Efficiency Organization ( Satba ), affiliated to the Energy Ministry, has taken measures to encourage investors to export renewable energy, the head of the organization said at the Fourth Solar Energy Conference in Tehran last week.

EghtesadOnline: Power distribution companies guarantee the purchase of renewable electricity as representatives of the Renewable Energy and Energy Efficiency Organization, also known as Satba . Iran Power Generation, Distribution and Transmission Company (Tavanir) issued a directive on Saturday based on which domestic electricity companies will assume the responsibility of buying renewable power plants’ output for 20 years, ISNA reported.

EghtesadOnline: Iran’s total installed capacity of renewable energy production will reach 1,000 megawatts, or 1 gigawatts, by the end of the current fiscal in March 2018, said the managing director of Renewable Energy and Energy Efficiency Organization, a state-owned entity also known as Satba .