Shanxi International Energy Group

Energy
China

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"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. And Iran’s Tasnim News Agency in May claimed China’s Shanxi International Energy Group was set to build 600 megawatts of PV capacity in the country." (Greentech Media, "Iran Wants to Develop Its Solar Market With Foreign Help. But Trade Restrictions Are Still a Problem" 7/7/2016)

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Shanxi reportedly “voiced its readiness to construct a number of photovoltaic power stations in the Islamic Republic with a total capacity to produce 600 megawatts of electricity,” during a meeting with Iranian energy officials. Furthermore, it “agreed to invest in a major project to construct photovoltaic power stations across Iran.”  (Tasmin News, “Chinese Firm to Build Solar Power Plants in Iran,” 5/5/2016)