New feed-in tariffs for Renewable Energy Power Plants Are Announced

16 May 2016

According to the public relations of Renewable Energy Organization of Iran (SUNA), the new guaranteed purchase prices for electricity produced from renewable energy sources were announced by the Minister of Energy. These feed-in tariffs, which were introduced in order to attract investors and the private sector to invest in renewable energies, have decreased from last year.

The new guaranteed purchase prices for electricity produced from solar energy are listed below:

For systems with the capacity of 20kW and lower:        8000 Rials/kWh

For systems with the capacity of 100kW and lower:       7000 Rials/kWh

For power plants with the capacity of 10MW and lower:  4900 Rials/kWh

For power plants with the capacity of 30MW and lower:  4000 Rials/kWh

For power plants with the capacity of above 30MW:        3200 Rials/kWh

Additionally, these tariffs can be increased up to 30% depending on the amount of local equipment and technology that is used in the power plant.