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Minister announces 400 MW boost in renewable energy capacity
Speaking on Monday, Aliabadi stated that the country’s renewable energy capacity stood at 1,200 MW at the start of the current administration’s term. With the addition of 400 MW in the past seven months, the sector has grown by an amount equal to one-third of the total capacity developed in prior years, IRNA reported.
He noted that an average of 57 MW of renewable energy capacity was added monthly during this period. Aliabadi emphasized that if the country had pursued renewable energy development at half the pace of the past seven months over the last 20 years, the current renewable energy production capacity would have exceeded 6,000 MW.
Aliabadi attributed the lack of focus on renewables in past decades to the unattractiveness of the electricity industry for clean energy development. He highlighted the Energy Ministry’s commitment to making the sector more appealing to private investors by liberalizing renewable energy pricing and facilitating its trade on Iran Energy Exchange.
The minister outlined plans to increase renewable energy capacity to over 3,500 MW by the peak demand period of the new year. He projected that, based on current forecasts and planning, the country’s renewable energy production capacity will reach 5,000 MW by September 2025.
Aliabadi detailed the ministry’s strategies for renewable energy development, including partnerships with energy-intensive industries, installing solar panels for beneficiaries of support organizations, and leveraging Article 12 of the Law on Removing Production Barriers and Article 61 of the Consumption Pattern Reform Law.
He pointed to land allocation, financing from financial institutions, streamlining corporate guarantee processes, expediting equipment imports, and obtaining permits for power plant equipment as critical requirements for advancing renewable energy development in the coming months.
Aliabadi expressed confidence that, with strong government support and enhanced financing capabilities from banks and financial institutions, the renewable energy sector will progress as planned.