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Iran has excellent potential for solar power: German study

A German government research reveals ‘excellent’ opportunities for solar power generation in Iran.

“Iran’s potential for PV (Photovoltaics) is extremely high, having an excellent solar irradiation and high electricity demand,” the government commissioned report called “Enabling PV Iran” said, laying out the guidelines for entry into the Iranian PV market for German companies…See more:

Mittal signs €1bn iron deal in Iran

Global industrial giant Mittal Steel on Tuesday signed a contract worth €1 billion to produce iron in southern Iran.

According to Press TV, the contract that has been signed with Mahan Industries and Mines Development Company – a subsidiary of Iran’s Tourism Financial Group – envisages extracting iron and the establishment of a processing plant in the country’s Southern Province of Kerman….See more:

Oman signs key port deal with Iran

Oman’s top Port, Salalah, has signed a basic agreement with two key Iranian southern trade terminals in what is expected to make the Persian Gulf state Iran’s new biggest trade partner in the region, replacing the United Arab Emirates.

According to Press TV, the agreement has been signed with Shahid Rajaee Port, Iran’s biggest cargo port in Bandar Abbas located at the Strait of Hormuz, and with Chabahar port which is located on the coast of the Gulf of Oman…See more:

‘Iran should revise drug-related laws’

The Iranian human rights chief says the country needs a revision of its drug-related laws so that it could dramatically reduce the number of executions related to narcotics crimes.In an interview with Press TV, which was aired on Tuesday, Mohammad Javad Larijani, the Secretary General of Iranian High Council for Human Rights, said Iranian officials are seeking a revision in the legal procedure related to the drug trafficking as he said there are serious doubts in the country whether the executions carried out in this regard are deterrent enough….See more:

Iran holds final stage of missile drill

The Aerospace Division of Iran’s Islamic Revolution Guards Corps (IRGC) is holding the final stage of large-scale missile drills.

The final phase of the exercises, codenamed Eqtedar-e-Velayat, saw ballistic missiles fired from silo-based launchers in different locations across the country on Tuesday…See more:

Rouhani vows to privatize Iran’s car industry


Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already seen by analysts as a sign that Iran is already preparing to open up its economy to world markets..See more:

South Korea to build steel mill in Iran

South Korean steelmaker POSCO – the world’s sixth-biggest steel producer – has announced a plan to help build a $1.6 billion steel mill in southeastern Iran.

According to Press TV, POSCO has said in a statement that it plans to take 8 percent of the project to build the 1.6 million-ton steel plant with Iran’s Pars Kohan Diarparsian Steel (PKP) in cooperation with its affiliates…See more:

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