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Germany to make euro 170m investment in solar cells, panels in Iran

Home »  News »  Germany to make euro 170m investment in solar cells, panels in Iran

An official announced Iran-Germany cooperation for producing solar cells and panels in Special Economic Zone, saying that Germany has planned investment to the tune of 170 million euros for the purpose.

Managing director of Company hoped that the ground for the project would be broken in May.
Referring to his talks with a German company producing solar cells and panels, he said that the first phase of the project with a credit of 170 million euros will be undertaken in a 200-hectare area in Special Economic Zone.
During the meeting, the special zone’s potentials and regulations were also reviewed, he said.
he noted that the firm has so far engaged in similar projects in Germany, India, Nigeria, Tunisia, South Korea and Bangladesh.
This Special Economic Zone is located in the vicinity of International Airport.

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