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solar power plant in Iran

UK’s Quercus pulls plug on $570million Iran solar plant

OSLO: British renewable energy investor Quercus said it will halt the construction of a 500 million euro ($570 million) solar power plant in Iran due to recently imposed U.S. sanctions on Tehran. According to Iranian energy ministry data, In June, before the U.S.-imposed sanctions, more than 250 companies had signed agreements to add and sell power from about 4 gigawatt of new renewable in the country, which has only 602 MW installed. Washington reimposed sanctions last week after pulling out of a 2015 international…