Iran Renewables Q3 2018
The US withdrawal from the Iran nuclear deal will likely have a moderate but not catastrophic impact on renewableprojects in the country, in terms of European firms potentially reconsidering their exposure. Out of five significant projects in thehydro, geothermal, wind and solar sectors, three are operated by Iranian firms. The remaining two, both solar projects - a150MWSUNA plant and the 50MW Abadeh plant - are subject to some uncertainty, given the respective involvement of Germany’s Planet inGreen and Austria’s Solar and Benefit Group in these projects, although the former is close to completion, reducing risks.
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