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Chinese and Italian companies will reportedly cooperate to build a solar power plant
in the central Iranian city of Yazd.
Back on Sunday, Italian company Denikon and China's Sionsteel signed a memorandum of understanding
in the UNESCO World Heritage-listed historic city of Yazd.
The memorandum of understanding aims to build a 500-1,000 MW solar power plant, 20,000 5 MW solar panels and a solar panel factory
.
Denikon is an institution
actively seeking to promote and develop international investment opportunities.
Another partner of the project, Sinosteel, is a state-owned company
active in mining, metal industry, power plants and transportation.
So far, it has invested $2.
5 billion
in Iran.
Due to its geographical location and favorable conditions of abundant sunshine, the city of Yazd is known as Iran's solar paradise
.
Private sector initiatives to build small-scale solar power plants will reduce the city's future fossil fuel consumption
.
:/, please indicate the source for reprinting)
Chinese and Italian companies will reportedly cooperate to build a solar power plant
in the central Iranian city of Yazd.
Back on Sunday, Italian company Denikon and China's Sionsteel signed a memorandum of understanding
in the UNESCO World Heritage-listed historic city of Yazd.
The memorandum of understanding aims to build a 500-1,000 MW solar power plant, 20,000 5 MW solar panels and a solar panel factory
.
Denikon is an institution
actively seeking to promote and develop international investment opportunities.
Another partner of the project, Sinosteel, is a state-owned company
active in mining, metal industry, power plants and transportation.
So far, it has invested $2.
5 billion
in Iran.
Due to its geographical location and favorable conditions of abundant sunshine, the city of Yazd is known as Iran's solar paradise
.
Private sector initiatives to build small-scale solar power plants will reduce the city's future fossil fuel consumption
.
:/, please indicate the source for reprinting)
/