Investment in renewable energy projects in Iran is booming, according to a high-ranking official with the country’s Ministry of Energy.

“Our feed-in tariff policy has met a very warm welcome from the private sector, with many projects now on stream or under development and most of the investment coming from foreign resources,” Mohammad Sadeqzadeh, the deputy minister of energy and head of the Renewable Energy Organization (SATBA) told Trend on Tuesday.

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