EghtesadOnline: As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is red flag for some investors.
EghtesadOnline: Renewable energy can lower demand for natural gas by diversifying energy supplies, a consultant to the Energy Ministry’s Niroo Research Institute said.
EghtesadOnline: According to the sixth Five Year Economic Development Plan (2017-22), renewable energy should comprise 5% of the total power capacity; however, this share is hardly 1% indicating that expansion of renewables has fallen behind schedule, spokesman of Renewable Energy and Energy Efficiency Organization (Satba) said.
EghtesadOnline: In line with plans to attract investments for green energy projects, the private sector has been authorized to export electricity generated via renewables, head of Renewable Energy and Energy Efficiency Organization said Tuesday.
EghtesadOnline: Renewable energy sources in Iran generated over 4.3 billion kilowatt hours of electricity since 2009.
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: The gradual expansion of renewable energy since 2009 has allowed Iran to reduce greenhouse gas emissions by as much as 2.24 million tons.
EghtesadOnline: An estimated 11 million people were employed in renewable energy worldwide in 2018, according to the latest analysis by the International Renewable Energy Agency (IRENA). This compares with 10.3 million in 2017.
EghtesadOnline: Renewable energy demand and capacity are growing explosively.
EghtesadOnline: To help promote competition, those who build green power stations are not obliged to use locally-produced parts and equipment.