Norwegian Firm Signs $2.9bn Solar Deal with Iran

TEHRAN (Tasnim) – Norway’s Saga Energy has signed a 2.5 billion-euro ($2.94 billion) deal to build solar power plants in Iran, the company said.

Saga inked the preliminary agreement with Iran’s state-owned Amin Energy Developers on Tuesday.

The deal would see the construction over a four- to five-year period of 2 gigawatts of power generation capacity, Saga Energy spokesman Rune Haaland said, Reuters reported on Wednesday.

The company will rely on banks, pension funds and Norwegian state export guarantees to fund the plan, and aims to recoup its investment through a 25-year deal on electricity prices, he added.

While Saga and Lithuania’s SoliTek will produce the solar panels, much of the remaining equipment will come from Taiwan’s Delta Electronics Inc.

“They will provide all the installations of electronics such as inverters, for example,” Haaland said of Delta.

Eventually, the plan is to build a plant in Iran to churn out solar panels, he added.

It came after US President Donald Trump announced that he would decertify the 2015 nuclear agreement between Tehran and world powers.

“We are a bit worried about what Trump is doing, we are very much in favor of the atomic deal, but we will, of course, continue with our plans whatever Trump does, no doubt about that, nothing can change that,” Saga’s Haaland said.

Source: Tasnim

Swiss diplomat calls for Iran-Switzerland direct flight

Isfahan, Oct 9, IRNA – Switzerland’s Foreign Ministry Director General for the Middle East Affairs Wolfgang Amadeus Bruelhart called for establishment of direct flights between Iran and Switzerland.

He made the remarks in a meeting with Isfahan Governor General Rasoul Zargarpour here on Monday, and expressed the hope that Iran Air would implement the idea.

Bruelhart also expressed readiness for cooperation with Isfahan in the fields of tourism, sciences and culture.

He added that many Swiss artists are interested to use experiences and capabilities of Isfahan’s artists, so it is possible to cooperate in this field for facilitation of the issue.

The Swiss diplomat also pointed to the road map of cooperation between the two countries, and said, It has already been drawn and both presidents have agreed with it and in their meeting they agreed to take steps toward development of relations and cooperation.

Bruelhart accompanied with Swiss Ambassador in Tehran traveled to Isfahan to visit historical sites of the city.

Trade exchanges between the two countries over past 10 years reduced noticeably. Iran export to Switzerland was $19.9 million in the Iranian year 2006 and in 2014 hit $10.7 million.

Source: IRNA

Iran, France review expanding agricultural cooperation

Tehran, Oct 5, IRNA – Iran’s Minister of Agricultural Jihad Mahmoud Hojjati conferred on Thursday with his French counterpart Stéphane Le Foll on expansion of mutual cooperation in agriculture and animal husbandry.

At the meeting, the two ministers also examined the exchange of latest technological know-how in the fields of Medicinal herbs and plant breeding.

They also discussed investment of French investors in various agricultural sectors in Iran, mainly aquaculture and dairy industry.

Hojjati, heading a delegation, is visiting France to attend the international livestock exhibition as special guest.

On the sidelines of the international exhibitions Iran and France are to sign a number of memoranda of understanding (MoUs) in agriculture and livestock.

The International livestock exhibition will be held on October 4-6 in which over 1,400 active companies in the field will demonstrate their products and services.

Source: IRNA


Spain promoting Iran’s market potential

Madrid, Sep 27, IRNA – The director general of Spain’s Chamber of Commerce Inmaculada Riera encouraged Spanish firms to enter Iran’s market due to the country’s high potential.

Riera made the remarks on Tuesday in a meeting of Iran-Spain economic chambers held in the Spanish capital. The meeting was attended by a delegation from Iran headed by Chairman of Iran’s Chamber of Commerce, Industry, Mine and Agriculture Gholam Hossein Shafeie .

Riera pointed to Iran’s high economic capacities and also investment opportunities saying that exchange of economic delegation would highly help promotion of bilateral cooperation.

Meanwhile Shafeie pointed to Iran-Spain cooperation in the fields of oil, petrochemical, agriculture, car manufacturing and transportation activities describing the visit of the Iranian delegation to Madrid a turning point in the history of Iran-Spain trade relations.

‘The visit of the Iranian delegation in less than one year after a visit to Tehran by an Spanish delegation indicates the firm determination of the two countries private sectors to promote bilateral relations,’ Rabiei stressed.

During the event, Iran and Spain also signed a MoU for bilateral cooperation.

Source: IRNA