EghtesadOnline: The world added a record 138.5 gigawatts of renewable power capacity in 2016 despite a 23% drop in investment, reflecting the falling cost of clean energy, the UN announced Thursday.

EghtesadOnline: Iran has enough potential to produce higher amounts of electricity from renewable sources while the current power output from it is less than 1,000 MW, vice president of Iran Electrical Industry Syndicate said.

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: The guaranteed purchase price paid by the government for renewable power generated by private companies has, on average, increased by 65%.

EghtesadOnline: The Energy Ministry is rewriting policy to increase the guaranteed purchase price of renewable power by 30% by next month, spokesman of Iran’s Renewable Energy and Energy Efficiency Organization (Satba) said.