German Firm wins solar energy Power Purchase Agreement (PPA) in Iran PUBLISHED ON 17/06/2016
German consultancy firm Planet in Green Project GmbH has entered into a 20 year power purchase agreement (PPA) with the Iranian renewable energy organisation, SUNA. The PPA has been agreed for the development of a 100 MWp solar park in Iran, which will have the capacity to generate 165 million kWh per annum. The project […]
Turkish energy company Unit International to build seven power plants in Iran PUBLISHED ON 15/06/2016
A major Turkish energy company, Unit International has reached a $4.2 billion deal with Iran’s Energy Ministry to build a total of seven power plants in seven separate regions of Iran. The respective agreement has been signed on the 1st of June 2016 at a ceremony in Tehran. Iran and Turkey have signed eight memorandums […]
Chinese-Iranian investment in agriculture production in Iran PUBLISHED ON 09/06/2016
A major Chinese agricultural firm Liaoning Wellhope Agri-Tech Joint Stock Co Ltd and the leading Iranian engineering company Abzi Gostar Mobtakeran Tehran have signed a Memorandum of Understanding to set up a joint venture in Iran. The above cooperation comes after the official visit of China’s President, Xi Jinping in Tehran in late January where […]
Bank Melli Iran re-opens its branch in Hamburg, Germany PUBLISHED ON 07/06/2016
Bank Melli Iran (BMI), the biggest retail bank in Iran has re-opened its Hamburg Branch after the international sanctions against Iran were lifted. The Hamburg branch is now providing facilities such as credit line openings and conducting forex transactions for imports. Lifting of the sanctions has allowed BMI to start negotiations with over 90 international […]