Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Oil-Rich Iran Planning To Spend $60 Million On Solar PV This Year
http://www.juancole.com/2014/07/planning-million-solar.htmlOil-Rich Iran Planning To Spend $60 Million On Solar PV This Year
By contributors | Jul. 7, 2014
By James Ayre
The US’s sometimes pseudo-antagonist, Iran, is apparently planning to spend $60 million on solar PV power projects this year, according to recent reports.
That represents a pretty significant uptick in the country’s investment into solar energy — up from “just” $12 million last year.
The focus is reported to be on rural areas that are otherwise completely dependent on diesel-powered generators — a good strategy, remote rural areas are certainly one place where solar PV really shines (no pun intended).
According to one of the senior officials at Iran’s Energy Ministry, the country recently passed a number of new laws intended to encourage and support domestic and foreign investment into renewable energy projects there. Notably, one of these is a feed-in tariff that just launched at the beginning of 2014 — which will be financed via surcharges on electricity bills.
