News ID: 4006983 -

7 German holdings to invest in North Khorasan prov.

TEHRAN, Jun. 17 (MNA) – Seven large German investment holdings active in solar energy sector made a to two-day visit to favorable areas of North Khorasan province.

The German delegation was accompanied by officials of North Khorasan Electricity Distribution Company.

On the second day of the visit, the German investment team visited designated lands for construction of renewable energy power plants and a joint memorandum of cooperation was inked between the two countries. The 12-strong German delegation, who made a visit to the northeast Iranian province of North Khorasan, comprised representatives of seven firms active in the field of renewable energy including Phoenix and Baywa. Upon their arrivals, the delegation made presence at lands designated for the project.

Suitable lands and areas for construction of solar and wind power stations were spotted and agreed upon during the two-day visit by Germans.

Recounting on the visit made by the seven German holdings, CEO of North Khorasan Electricity Distribution Company Alireza Sabouri said the German side holds a positive view towards the investigated lands.

“Initial talks with the German energy team indicate their tacit approval of land texture and sunshine quality,” underlined the official stressing that final results be will identified after conducting complementary experiments in Germany.

He further noted that cooperation with the German delegation could also lead to construction of small-scale power plants in governmental offices who have been urged to supply at least 20% of their required energy through renewable sources.

Sabouri, while stating the German team will later meet and talk with members of Renewable Energy Department at the Iranian Energy Ministry in Tehran, expressed hope that the visit by foreign investors to the province will lead to prosperity and achievement in various arenas like agriculture, handcrafts, cultural heritage as well as renewable energies.

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