Financial Tribune: The new tariffs are 4.4 cents, 4 cents and 17 cents per kWh for photovoltaic, wind and hydroelectric power plants respectively
The guaranteed purchase price paid by the government for renewable power generated by private companies has, on average, increased by 40%. A new directive to raise tariffs (for private sector producers) was announced by Energy Minister Reza Ardakanian on May 20 to encourage investment, Barq news website cited the press release issued by state-run Renewable Energy and Energy Efficiency Organization (Satba). The minister noted that the new prices for generating electricity from biomass (compared to 2019) have risen by 50% per kilowatt, reaching 3.6 cents/kilowatt hour.