EghtesadOnline: Despite the fact that in the past few years almost 50% of foreign direct investment in Iran’s power sector was in green energy, some 200 companies active in the renewable sector are facing insolvency, board member of Iran Renewable Energy Association (IrREA) said Tuesday.
EghtesadOnline: The gradual expansion of green energy since 2009 has helped Iran save close to 800 million liters of water in 10 years.
EghtesadOnline: Electricity demand in 12 remote towns in Khorramabad and Aligudarz counties in Lorestan Province is being met fully with the help of small-scale photovoltaic (PV) power stations, head of provincial electricity company said.
EghtesadOnline: The Renewable Energy and Energy Efficiency Organization—a subsidiary of the Energy Ministry also known as Satba—was founded to help promote green energy but has failed in its mission, said an entrepreneur and founder of the first solar-powered office building in Iran.
EghtesadOnline: Iran has taken noticeable steps in recent years to develop its green energy sector and has the potential to emerge as a regional Green energy hub.
EghtesadOnline: Due to government funding constraints and financial pressures, private companies have taken on the mantle of developing renewable energy, head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA) said.
EghtesadOnline: Major oil companies are joining Silicon Valley in backing energy-technology start-ups, a signal that those with the deepest pockets in the industry are casting around for a new strategy.
EghtesadOnline: On May 16, Makani released a YouTube video. A camera pans on a T-shaped airplane, with wings stretching 85 feet holding eight small turbines and a tether connecting it to a tall ground station. The plane swoops into the air. It dips and soars, looping elegantly in circles that mimic a windmill, something it was built to replace.
EghtesadOnline: Royal Dutch Shell, the world's second-biggest publicly listed oil company, is studying acquisitions in the green energy sector, its CEO told Reuters, as it bows to shareholder demands for a strategy beyond fossil fuels.