Iran has expressed readiness to conduct joint research projects in renewable energy technology with domestic and foreign companies.
Iranian Deputy Energy Minister Houshang Falahatian said that despite the fact that vast distribution of subsidized fossil fuels has masked the need for working toward the use of renewable energy in Iran, the ministry has recently put on agenda to pay special attention to power storage technology, Iranian media reported on October 20.
He also noted that there are 15 geothermal-reliable zones in Iran and these areas could produce up to 800 MW of electricity for urban areas with over 250,000 people.
