Industrial-scale solar farms that generate around 3 megawatts of electricity are needed to meet the nation’s growing power demand, especially in industries.Mahmoud Kamani, the head of the Renewable Energy Organization (Satba), made the statement during his address to a conference titled “Development of Renewables in Industries” in Tehran on Monday, the Energy Ministry’s news portal reported.Industries should move toward striking a balance between meeting their energy requirements and reaping the benefits of solar power.Expansion of infrastructures in photovoltaic farms has become a compulsion as they not only provide industrial sector with the stable electricity all year long, but the surplus can also be sold either to cryptocurrency miners, or to the state-run Iran Power Generation, Distribution and Transmission Company (Tavanir), or traded at Energy Bourse, he added.According to the official and based on data from the International Energy Agency, around $2.8 trillion will be invested in energy in 2023. More than $1.7 trillion are going to clean energy, including renewable power, nuclear, grids, storage, low-emission fuels, efficiency improvement, end-use renewables and electrification.“Solar power panels are rapidly becoming mainstream alternative energy sources in the world and global investment in renewables will exceed that of fossil fuels in 2023,” he said.The global solar market size was estimated at $62.7 billion in 2021 and is expected to reach $267.8 billion by 2030, growing at the compound annual growth rate of 17.51% over the forecast period 2022 to 2030. (ICE TEHERAN)

Fonte notizia: Financial Tribune