Published On: Mon, Aug 24th, 2015

Unnamed German investor to fund Iran wind farm

A 30 turbine wind farm in Iran’s Arvand Free Zone will be constructed following a deal between a “private company investing on behalf of Germany” and Iran, according to national news service, Press TV.

Iran’s first wind farm, in Khuzestan Province, in the southwest of the country, will be able to generate 100 megawatts (MW) of electricity through wind power, while a co-located photovoltaic power plant will produce 40 MW of electricity.

Managing director of Arvand Free Zone, Esmaeil Zamani, said that this deal aims to attract foreign investment and incorporate the use of renewable energy in the region.

He said that the unnamed German investor will help generate 130,000MW/hr electricity annually by 30 wind turbines in the free zone.

He added that the first phase of the project included construction of a 48MW power plant in less than 18 months and the second phase included construction of 58MW, which will be commissioned in 2019.

The German investor will reportedly use the latest turbine technology in the project.

Frank Riesbeck, working on the project, said that during construction 100 people will be involved directly and after commissioning 20 jobs will be created in management, maintenance and repairs affairs.

He also said that by full execution of the projects around 80 persons will have jobs for managing, maintenance and repair services of the power plants.

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