Solar opportunities in Iran

 

Solar opportunities in Iran

The Iranian government is promoting PV with several incentives and the country has a huge solar potential.

The geographic and climatic conditions in Iran are very favorable for solar and other renewable energies. With a huge land area of 1,648,195 square kilometers, the Alborz Mountains in the north-west, the deserts in the East, the Caspian Sea in the North and the Persian Gulf in the South, it comprises a wide variety of natural environments. The country enjoys an outstanding DNI (direct normal irradiation) of up to 5.5 kWh/ m²/day and an average of 300 sunny days per year. In particular, the central and southern regions of Iran have high solar irradiation, such as the provinces of Yazd, Fars and Kerman with a DNI of about 5.2 to 5.4 kWh/ m²/day.

The below solar irradiation map can indicate the potential of solar energy in Iran.

Solar irradiation map for Iran.

The main Iranian foreign investment law is the Foreign Investment Promotion and Protection Act (FIPPA). The FIPPA grants foreign investors the same rights, protections and facilities available to domestic investors. This includes permission for investment in all fields where private sector activity is allowed and permission to hold up to 100% of shares in Iranian legal entities. Renewable energy is one of key factors for attracting foreign investment in Iran. In next steps, the supplementary information is made available in next steps.