NEWS
ECONOMY   Renewable Energy  

Iran Invites Germans to Work in Renewable Energy Industry

Iran’s Energy Minister Reza Ardekanian unveiled plans for a major boost to the country’s power generating capacity from renewable energy, inviting German companies to engage in this effort.

In a meeting with a top German economic delegation, led by former foreign minister of Germany Sigmar Gabriel, held in Tehran on Sunday, Ardekanian said the Iranian administration is determined to increase the country’s generation capacity from renewable energy sources by 3,000 megawatts until 2021.

“German companies could cooperate (with Iran) in this regard,” the minister added.

Hoping for the removal of obstacles to economic and trade ties between Tehran and Berlin, Ardekanian said the visit by the German delegation sends a clear signal from Germany that there is willingness for economic cooperation with Iran.

For his part, Gabriel said Germany is not satisfied with the current level of trade interaction with Iran, hoping that the visit would mark a milestone for the enhancement of bilateral relations.

Gabriel is in Iran with a German economic delegation comprising directors of several major German companies.

Europeans are striving to maintain trade ties with Iran and avert the US sanctions against Tehran.

The EU has devised a special purpose vehicle (SPV) -a financial mechanism- to continue trade with Iran and neutralize the US sanctions.

News No: 2609
Date: 2018/11/14 - 15:04
News Source: Tasnim News Agency

German  Renewable Energy  Reza Ardekanian  SPV 

Comments:

Leave a Comment:

   
   
   
 

China atop Iran’s Trade Partners

China, the UAE, Turkey, Germany and India are the top exporters of goods to Iran, supplying more than 57% of the country's imports, according to the data released by the Islamic Republic of Iran Customs Administration.
 

Renewables to Be World’s Main Source of Power

Renewable energy sources will be the world’s main source of power within two decades and are establishing a foothold in the global energy system faster than any fuel in history, according to BP.
 

Erdogan: Turkey Ready to Launch Own SPV for Iran

Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions.
 

Iranian FM to Brief MPs on INSTEX

Iranian Foreign Minister Mohammad Javad Zarif is slated to attend a meeting of the parliament’s National Security and Foreign Policy Commission on Monday to brief its members of the European Union’s special financial mechanism for trade with Iran known as INSTEX.
 

US Pressuring European Firms to Slow Operations in Iran: German Official

The general secretary of the German-Iranian Chamber of Commerce said US officials are pressuring European companies to limit their business activities in Iran.
 

Iran’s Western Province Expanding Solar Power Generation

Iranian First Vice-President Eshaq Jahangiri is scheduled to open 4 new solar power plants in the Western Province of Hamedan on Tuesday, where €28 million worth of foreign investment has been devoted to the expansion of renewable energies.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners