Italian company will construct a solar plant in Iran

06/03/2018 10:55 Solar

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The Italian firm Carlo Maresca will construct a $100-million solar power plant in Iran.

The accord inked with the Industrial Development and Renovation Organization of Iran (IDRO), sets a 15-month deadline to finalize the project.


Previously in August 2017, Carlo Maresca signed a legal act to build a 10-MW solar power plant in Iran’s Qeshm Free Trade Zone, a project whose first phase launched last week. With the prior deal, the company became the first Italian firm to fund photovoltaic projects in Iran.


IDRO is a governmental structure that backs industrial projects and innovation in Iran. Since the lifting of sanctions in January 2016, it has inked co-operation agreements with firms like Wärtsilä and HOT Engineering.

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