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Solar Europa Global to build wind-solar power plant in Iran
2016/feb/20
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Solar Europa Global, the provider of solar photovoltaic (PV) energy solutions, headquartered in the United Kingdom, would construct a wind-solar hybrid power plant in Iran, the Tasnim news agency reported on Friday.
The company”s managers met a number of top Iranian officials from the Ministry of Energy and Renewable Energy Organization of Iran in Tehran where they discussed investment opportunities for exploiting Iran”s renewable energies.
During the meeting, The British Company agreed to open a branch in Tehran as a subsidiary which would undertake the construction of a wind-solar power plant.
According to Iranian Deputy Energy Minister Houshang Falahatian, in the course of next ten years, Iran aims to generate as much as 50,000 megawatts (MW) of electricity, ten percent of which is slated to be generated from renewable sources.
To meet the ten-year target of 50,000 MW, he said, 50 new power plants are planned to be constructed.
He put the current total electricity generation capacity of solar and wind power plants at 250 MW, saying this figure would increase 20-fold over the next ten years.
According to the officials, Iran has the potentiality to generate 40,000 MW of electricity from solar and wind resources.
Iranian Energy Minister Hamid Chitchian has also said a number of electricity generation projects, worth €28 billion, are planned to be offered to foreign investors.
During the next ten years, he said, the country requires $5 billion of investment per year in generation, transmission and distribution of electricity.
(tehran times) |
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2016/feb/20 |
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Minister: Iran negotiating with American companies
2016/feb/20
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Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said several big American companies have started negotiations with Iran recently.
Talking to IRNA, Nematzadeh said Iran would interact with other countries in the fields of joint venture and investment.
“The Islamic Republic of Iran is seeking to renovate its industry by utilizing state-of art technologies,” he added.
“Ministry of Industry, Mine and Trade is keen on luring foreign investments and finances,” Nematzadeh noted.
The Iranian minister, who arrived in Baghdad on Wednesday (Feb 17) to promote bilateral relations, met Iraqi Prime Minister Haider al-Abadi, Chairman of Supreme Islamic Council of Iraq Seyed Ammar Hakim earlier on Thursday.
He also met governor of Iraq”s National Bank, and his Iraqi counterpart on Thursday and visited industrial projects including a factory assembling Iranian automobiles.
Nematzadeh, in a meeting with Al-Abadi, stressed deepening bilateral cooperation in industrial, commercial, and joint investment projects.
During the meeting which focused on ways of increasing bilateral trade, the Iraqi prime minister thanked Iran over its support to develop his country”s industrial infrastructure.
Nematzadeh expressed Iran”s readiness to transfer its experience on industrial development and help the government of Iraq through joint investment projects.
(irna) |
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2016/feb/20 |
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Oman to invest in Iran”s agricultural sector
2016/feb/17
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Deputy Head of Oman”s Batinah province Chamber of Commerce and Industry Hafiz Nasser Rabiei said that the aim of Omani delegation”s visit to Iran is to survey investment opportunities in agricultural sector of Khuzestan province and other parts of the country.
He told IRNA in Khorramshahr port city on Tuesday that the Omani delegation is to get acquainted with Iranian businessmen and explores areas for joint venture projects in Arvand Free Zone.
He expressed hope that considerations and coordination would lead to development of trade ties between Iran and Oman and ground can be prepared for investment by Omani businessmen in Khuzestan province.
The Omani 25-men delegation arrived in Ahvaz, capital of Khuzestan province, Sunday evening and since then it has held meetings with the governor general of the province, mayor of Ahvaz and a number of provincial businesspersons.
Oman is a littoral state of the Persian Gulf with good political relations with Iran and its main sources of income are oil sale, fishing and agriculture.
(irna) |
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2016/feb/17 |
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Turkish economy minister due in Tehran to discuss free trade
2016/feb/17
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Turkish Economy Minister Mustafa Elitas said he will visit the Iranian capital soon to discuss upgrading a preferential trade agreement between the two countries to a free trade agreement.
The visit to Iran by the Turkish official comes as the Western sanctions on Tehran are lifted after a nuclear deal with world powers was finalized in January.
A preferential trade agreement was signed between Iran and Turkey in 2014 and was implemented in 2015 that is regarded as a major step for moving to a trade agreement regime between the two neighboring countries, Elitas said.
The aim of revising the existing agreement is to add other goods to it so that it will finally grow to turn into a free trade agreement, the minister added.
(irna)
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2016/feb/17 |
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German banks, firms to open branches in Iran
2016/feb/17
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A number of German banks and companies are expected to open branches in Iran, said Bavaria”s Economy Minister Ilse Aigner on Tuesday.
In a meeting in Munich with Head of Iran-Germany Chamber of Commerce Mohammad Khansari, Aigner said her office is assisting private sectors in the two countries to resolve outstanding issues in this respect, Fars News Agency reported.
During the meeting, the two sides agreed that insurance and banking are the two main challenges to bilateral trade and that the best option is to open bank branches in Iran to facilitate transactions.
To this end, Khansari said several French and Italian banks have already taken necessary steps to set up branches in Iran, and that Tehran has reached preliminary agreement with a number of German banks to this effect.
According to the Governor of the Central Bank of Iran Valiollah Seif the agreement was reached during German Vice Chancellor and Federal Minister of Economic Affairs Sigmar Gabriel”s visit to Iran in July 2015.
He told reporters upon arrival in Tehran that he had brought the best German companies which had very good relations with Iran for years and sought to maintain those ties even under the sanctions regime.
(iran daily) |
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2016/feb/17 |
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