Iran absorbs $2.5bn in renewable energy sector in 5 years

4/3/2018 1:22:00 PM

Tehran (KNA) - 2.5 billion dollars’ worth of investment has been absorbed for implementation of renewable energy projects since August 2013.

In the last five years, $2.5 billion has been invested in the country’s renewable energy sector.

According to reports by the Ministry of Energy, 70 per cent of the resources which amount to $1.75 billion have been funded by foreign investment and the remaining 30 per cent amounting to $750 million from domestic investment.

By 2013, 165MW renewable power stations were established in Iran, with 131MW by public funds and 34MW by the private sector.

Source: Mehr

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