German Renewables Investors to Fund Iranian Wind Farm

Corrected
  • 48-Megawatt Wind Farm to Be Located in Southwestern Iran
  • Turbine Shipments to Start in January, Operational By Mid-2016

Development Environment Arvand Co., a German-Iranian renewables developer, signed an agreement to build a 48-megawatt wind farm in southwestern Iran for 40 million euros ($46 million).

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