The minister added that the country plans by 2030 to set up renewable power plants that would generate 75,000 megawatts, stressing that Iran has committed to cut greenhouse effects and has prepared all necessary conditions to expand the use of renewable energies.
According to Iran’s sixth Five-year Development plan, the country plans to construct several new power plants with a total capacity pf 26,000 megawatts, which would bring the power generation capacity via renewable sources to 5,000 megawatts, with the current level being around 200 megawatts.
Recently, the Middle Eastern and Asian countries started to work on development of alternative energy sources, planning to gradually lessen the oil consumption.
China announced said in January it was going to invest 2.5 trillion yuan ($359.8 billion) in the development of renewable energy resources, solar, water power, geothermal and wind energy as well as non-fossil energy.
In India, renewable energy company ReNow Power was granted $390 million to support the company’s solar and wind power projects across the country.