Economics
`Made in Germany' Means Money for Solar Panel Makers Eyeing Iran
- Iran offers new solar feed-in tariffs and power purchase deals
- German economic delegation, officials heading to Tehran in May
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“Made in Germany” should mean money for companies tapping Iran’s underdeveloped but potentially enormous solar market, according to a government-commissioned report.
With economic sanctions against Iran lifted, German solar firms have a “huge sales” opportunity, said BSW Solar, a Berlin-based industry group. Iran has reinstated 20-year power purchase agreements and set feed-in-tariffs at “highly profitable” rates of 17 to 30 euros cents ($0.33) per kilowatt-hour, according to the 134-page report paid for by Germany’s Foreign Office.