PEDC has won a tender to construct and operate 24 solar power plants with a total capacity of 1,500 MW across 12 provinces in Iran.
The amount of renewable power plant capacity in this contract is greater than the total capacity of all renewable power plants built in the country, including solar and wind power plants. This contract can be considered the largest one for constructing renewable power plants in Iran.
The Iranian Renewable Energy Organization (SATBA) estimates that the construction of these power plants will cost 650,000 euros per MW, and the entire project is close to one billion dollars.
PEDC has successfully built and operated Iran's first bifacial solar power plant in Damghan.