Italian firm to build solar plant in Iran
Iran The deal, signed with the Industrial Development and Renovation Organization of Iran, or IDRO, will see the Italian firm build a 100-MW solar plant in the central Iranian province of Semnan within a 15-month timeframe, Iran’s Financial Tribune reported.
Carlo Maresca made headlines in August of last year when it signed on to construct a 10-MW solar power plant in Iran’s Qeshm Free Trade Zone, a project whose first phase launched last week. With this earlier deal, the company became the first Italian firm to invest in photovoltaics in Iran.
IDRO is a governmental body that supports industrial projects and innovation in Iran. Since the lifting of sanctions in January 2016, it has signed co-operation deals with companies including Wärtsilä and HOT Engineering.
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