Renewable Iran 2017 is an annual large-scale expo focusing on promoting technological advancements and project opportunities in Iran within the solar, wind, hydropower, geothermal and biomass/waste management sectors.
Renewable Iran 2017 will take place on 13/14 November 2017 in Tehran Shahr Exhibition Complex (Goftegoo Park), Tehran Hall.
Over 100 companies involved in the renewable energy deployment will showcase at the exhibition allowing you to meet the most relevant and experienced players within RE sector in Iran.
Admission to expo only is free upon online registration. Admission to conference is subject to a fee.
Iran is becoming a highly attractive emerging market for renewable energy projects. The country is set to experience rapid growth across the whole of the renewable energy sector and the event is dedicated to in-depth exploration of the renewable energy potential in Iran and creating meaningful networking opportunities leading to solid business connections and deals.
Iran is planning its first tender for utility-scale renewable energy projects by year end as it begins a green power build out that could draw $12 billion of investment by the time it’s complete. According to Iran’s energy minister Mr Hamid Chitchian the nation wants to install 5 GW of renewable energy in the next five years and an additional 2.5 GW by 2030.
The energy ministry has set 12 separate feed-in tariffs for renewables, depending on the type of technology and the size of the power plant. That system will be kept for projects under than 100 megawatts. The new tender system will be used for facilities with higher generation capacities.
Iran will tender 1 GW of wind and as many as 3 GW of solar, likely in several stages. It is also seeking to build biomass and geothermal plants and swap natural gas for electricity with Armenia.
Iran may also add solar to its system of energy swaps, which before sanctions were lifted allowed the country to traded crude for refined products. Under a so-called “solar for service” program, developers and land owners would split cash flows generated from power sales.
Iran has in the past years taken measures to increase power capacity via sources such as wind, solar and geothermal. Projects to produce 600 MW of electricity through wind and biomass and the construction of a 50-MW geothermal power plant in the northwest of the country are among these measures.
According to official figures, Iran’s existing power generation capacity stands at 74,000 MW, of which nearly 200 MW is currently produced via renewable sources, mainly solar and wind. However, the renewable energy production capacity is predicted to reach 5,000 MW in the next five years, under Iran’s sixth Five-Year Development Plan that envisions the construction of new power plants with a total capacity of 26,000 MW.
To increase incentives for investing in renewable energy, Iran amended its laws in 2015. Pursuant to the new laws, a new system of feed-in tariffs differentiating by type of technology has been implemented. Moreover, the guaranteed period for power purchase has been extended to 20 years (except for turbo expanders, waste recovery in industrial processes and hydropower plants, for which the term is only 10 years). However, the term of the agreement starts with the signing date, hence, the construction period falls into the 20 years’ period, and this should be taken into account in the financial modelling.
The power purchase agreement is entered into with SUNA, a subdivision of the Ministry of Energy in Iran specifically established for renewable energy matters and responsible for planning, policy making and promotion of renewable energy. SUNA is managed and supervised by TAVANIR, the power generation, transmission and distribution holding company in Iran.
The applicable tariffs are reviewed on a yearly basis and determined by SUNA. SUNA pursues a policy of reducing the feed-in tariffs in relation to the increase of installed capacities.
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