TEHRAN - Iran's Renewable Energy and Energy Efficiency Organization (SATBA) is offering 40,000 megawatts (MW) of wind power plant projects to investors, an official with the organization said.

“The capacity for producing 40,000 megawatts of wind energy has been identified in the country, and investors can enter in this field,” Mostafa Rabiei said.

According to the official, SATBA has identified windy spots across the country from 2007 to 2011 in collaboration with Iran Meteorological Organization and about 120 wind measuring towers were installed at 30 and 40 meters high.

“After two years of collecting information in the preliminary stage, we have reached the figure of about 40,000 megawatts of electricity generation capacity which can be realized by investment in this sector,” he said.

Based on the Energy Ministry data, renewables, currently, account for nearly seven percent of the country’s total electricity generation capacity.

Of the country’s total renewable capacity, 44 percent is the share of solar power plants while the share of wind farms stands at 40 percent and small-scalded hydropower plants generate 13 percent of the total renewable capacity.

Earlier that month, SATBA reported that the capacity of Iran's renewable power plants has reached 1,199.71 MW.

Over the past few years, the Iranian government has taken serious measures to accelerate the growth and development of renewable energies in the country.

Diversification of financing models for renewable projects, increasing the ceiling of guaranteed electricity purchase, providing the possibility of buying and selling renewable electricity in the green board of the Iran Energy Exchange (IRENEX) and providing the possibility of exporting renewable electricity have been the most important measures taken for this purpose.

Iranian Energy Ministry has also put it on the agenda to add 10,000 MW to the capacity of the country’s renewable power plants by the end of the current government’s administration (August 2025).

Considering the fact that the country’s renewable power generation capacity stood at about 800 MW when the current government took office in August 2021, the mentioned increase in renewable energy capacity would mean a 13-fold rise.

Back in January 2022, the Energy Ministry and some of the country’s private contractors signed memorandums of understanding (MOU) for cooperation in the construction of new renewable power plants across the country.

EF/MA