Iran Approves 29,000 MW Solar Permits, Boosts Private Investment

Iran has approved 29,000 MW of Solar Power capacity, signaling private sector interest in Renewables. President Pezeshkian urges swift action to address power shortages, targeting 30,000–50,000 MW of Solar Energy. The government aims to ease investment processes, with SATBA leading efforts. However, financing remains a challenge, requiring domestic and foreign funding.