Iraq’s new electricity minister says there is no alternative that competes on volume or price or speed of delivery of Iran’s electricity.

Iranian Minister of Energy Reza Ardakanian announced on Sunday that Iraq has cleared 90 percent of its electricity dues to Iran.

Iranian power plants are set to produce at least 51 gigawatts (GW) of electricity during the peak hours of consumption in summer, IRNA reported on Sunday quoting deputy minister of energy for electricity affairs as saying.

Latest data released by the Energy Ministry show that Iran has produced 2.751 billion kilowatts-hour of electricity from renewables in the past nine years, since the bid to shift focus from fossil fuels to greener energies started. This volume of clean energy was produced from July 2009 to January 2019 and cut the consumption of […]

The United States has extended for 90 days a waiver given to Iraq from sanctions against Iran, a State Department spokesman said on Friday, allowing Baghdad to keep importing Iranian gas that is critical for Iraqi power production. The extension was reached on Thursday, when a previous 45-day waiver was due to expire, during a […]

Minister of Energy Reza Ardakanian said that a trilateral talk is underway between Iran, Armenia and Azerbaijan for exporting electricity to Russia. In this regard, a trilateral talk has started between ‘Iran and Armenia’ and ‘Iran and Azerbaijan Republic’ to export electricity to Russia, he reiterated. Turning to the connection of Iran’s power grid to […]

Iraqi Prime Minister Haider al-Abadi suspended his electricity minister on Sunday amid continuing protests over poor public services especially power cuts and rampant corruption, the premier’s office said. Abadi had also ordered an internal government investigation into Electricity Minister Qassim al-Fahdawi’s role in the deterioration of utility services. There was no immediate comment from Fahdawi, […]

TEHRAN- The capacity of generating electricity from renewable resources has reached 575 megawatts (MW) in Iran, the Energy Ministry has recently announced, IRNA reported on Friday. Power plants based on clean energy resources with the capacity of 550 MW are currently under construction in the country. According to Iranian Deputy Energy Minister Homayoon Haeri, Iran’s […]

TEHRAN- Iranian Energy Minister Reza Ardakanian said that 95% of the equipment used in the electricity sector is domestically manufactured, IRIB reported on Wednesday. In the water sector, except for some instrumentation related to water treatment machinery, all pieces of equipment are domestically manufactured, the minister said. “In construction of dams as well as irrigation […]

TEHRAN-Iran’s exports of electricity equipment to Iraq and Afghanistan showed 30 percent rise during the past Iranian calendar year of 1396 (which ended on March 20) and stood at over $120 million, IRIB reported on Monday. According to a member of Iran electricity industry syndicate, the exports are planned to reach $150 million by the […]