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Wednesday, 9 November 2016

Iran mulls new investment rules in push to boost clean energy | GulfNews.com

Iran mulls new investment rules in push to boost clean energy | GulfNews.com:
"Iran, which gets most of its electricity from natural gas, is considering new rules that may entice foreign investors to raise the amount of clean energy generated on its grid.
The government is reviewing regulations to streamline and accelerate the process “for investors to bring funds inside the country and repatriate the profits,” presidential adviser Elham Aminzadeh said in an interview at a conference on renewable energy investment.
Though known best for its oil and gas resources, Iran has immense renewable energy potential, according to Bloomberg New Energy Finance. The Islamic republic also stands to benefit from the lifting of nuclear sanctions and government incentives known as feed-in-tariffs designed to attract investment in renewables."

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