CBI governor says solar projects to receive immediate financing

The governor of Central Bank of Iran (CBI) said solar energy projects will receive immediate financing, underlining the sector’s priority for the government.

RoydadNaft –  The governor of Central Bank of Iran (CBI) said solar energy projects will receive immediate financing, underlining the sector’s priority for the government.

Mohammadreza Farzin told a gathering of business leaders and traders at the Isfahan Chamber of Commerce that the banking system has been instructed to swiftly fund both small- and large-scale solar initiatives.

Farzin, who traveled to the province to meet private-sector representatives, said solar energy is among President Masoud Pezeshkian’s top priorities, and the banking network is fully backing these plans.

He directed that all small-scale solar projects in Isfahan be finalized and financed through the provincial Bank Coordination Council.

He added that larger-scale projects will be funded through the Central Bank’s monetary policy department by issuing special financial certificates.

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