"As excitement builds around the potential PV market in Iran, German consultancy company Planet in Green agreed a 20 year power purchase agreement for a large-scale PV plant near to Tehran. Iran is opening up to outside investment and the PV market wants to take full advantage of this. European PV companies seem to be the ones taking the first steps in the country, which has huge solar resources and a need for extra power... Some of the most recent exciting developments include Italian companies agreeing to build 1 GW of solar farms in the country, and German SCHMID Group agreeing with the Industrial Development & Renovation Organization of Iran (IDRO) to develop a state of the art PV manufacturing facility in the country." (PV Magazine, “German company signs PPA for 100 MW solar plant in Iran,” 6/14/2016)