EghtesadOnline: The government has commissioned the construction of €6.3 billion ($7.3 billion) worth of renewable power plants through foreign investment, government's spokesperson said, as Iran takes steps to diversify its energy mix that is dominated by oil and gas.

EghtesadOnline: UK renewables investor Quercus has signed a deal worth over half a billion euros to build and operate a 600-megawatt (MW) solar farm in Iran, the company said on Wednesday.

EghtesadOnline: Iran expects its installed renewable power capacity barring hydropower to surpass 700 megawatts at the end of the current Persian year in March 2018.

EghtesadOnline: In a bid to diversify energy resources and shift away from fossil fuels for electricity generation, the government says a quarter of Iran's new power generating capacity in the next four years should come from renewables.

EghtesadOnline: The Energy Ministry is keen to make good on a promise to add at least 1,000 megawatts, or 1 GW, to total power generating capacity each year through 2022 with the help of the private sector, a deputy energy minister said on Monday.

EghtesadOnline: A delegation of seven German companies operating in the renewables sector has signed a memorandum of understanding with the North Khorasan Electricity Distribution Company (NKEDC) to develop solar farms in the northeastern province.

EghtesadOnline: Power production from renewables has experienced a three-fold rise since President Hassan Rouhani took office in mid-2013, Energy Minister Hamid Chitchian said on Thursday on the sidelines of a ceremony to inaugurate a 10 megawatt solar power plant in central Isfahan Province.

EghtesadOnline: Iran can transition to a fully renewable electricity system and financially benefit from it by 2030, according to researchers from Lappeenranta University of Technology (LUT) in Finland.