TEHRAN – The 7th International Energy Saving, Renewable Energy, and Energy Efficiency Exhibition of Iran opened on Saturday at the Tehran Permanent International Fairgrounds.
Latest products and achievements related to energy saving, renewable energy, and energy efficiency are on display in the exhibition, which will run until Tuesday.
In November 2014, Iranian Energy Minister Hamid Chitchian outlined plans to develop the national electricity industry, placing the priority on the expansion of solar and wind power plants.
He also said that Iran’s old and low-efficiency power plants should be decommissioned and the gas-fired power plants should be converted into combined-cycle plants.
Iran has prepared a plan which could increase the efficiency of its power plants to 45 percent from the current 38 percent by 2025.
The administration of President Hassan Rouhani envisions a bright future for solar energy and has allocated $60 million for solar energy projects in the current Iranian calendar year (March 2014-March 2015) compared to just $12 million in the previous year.