Denikon has reportedly “signed a memorandum of understanding with officials from Iran’s northwestern Qazvin province, for 100 PV plants of 10 MW each.”  (PV Magazine, “Italian companies to build 1 GW of solar farms in Iran,” 4/26/2016).


According to Clear Technica, “[t]he entire capacity of 1 GW shall be installed over a period of 9-10 years.  The total investment for the program is expected to be around $1.5 billion.”  (Clear Technica, “Italian Companies Genesis & Dynkun Announce 1 GW Solar Capacity Plans For Iran,” 5/2/2016).  


"Building on longstanding close commercial ties between Italy and Iran, Italian solar players Genesis, Denikon and Carlo Maresca signed memorandums of understanding for a total of 1.5 gigawatts of solar." (Greentech Media, "Iran Wants to Develop Its Solar Market With Foreign Help. But Trade Restrictions Are Still a Problem." 7/7/2016)