TEHRAN - The seventh edition of Iran's International Renewable Energy Conference and Exhibition (Iran REC 2023) is scheduled to be held during January 28-29, 2023 in Tehran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

The international conference and exhibition will be held by Iran Renewable Energy Association in collaboration with Iran's Renewable Energy and Energy Efficiency Organization (SATBA) and the Energy Ministry.

The event is going to be held with the aim of examining the challenges facing the development of renewable energies in Iran and providing solutions to improve the business environment in this sector.

The event is going to cover various areas and topics including the development mechanisms of small-scale solar power plants, the programs envisioned in the country’s seventh national development plan for developing renewables, the policies for indigenizing the renewables technologies and shaping the industry, the development of hydrogen-related energies in the country and region and the prospects of this energy in the future, and the latest developments in the renewable energy technology across the world.

As reported, at the opening of the exhibition, the country’s top companies active in the field of renewables will be rewarded.

Renewables account for about seven percent of Iran’s total power generation, versus natural gas’ 90 percent share.

Based on Iran’s Sixth Five-Year National Development Plan (2016-2021), the country was aiming for 5,000 megawatts (MW) increase in renewable capacity to meet growing domestic demand and expand its presence in the regional electricity market.

Iran was also supposed to become a regional hub in the field of energy in the past Iranian calendar decade (March 2011-March 2021), but evidence shows that the country is facing a shortage even in the supply of electricity inside the country, an issue that many believe that could be achieved by developing renewable energy and increasing efficiency of the thermal power plants.

EF/MA