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Renewable energy in Switzerland

  • Swiss company to build $839 million wind farm in Iran

    IRAN, 2016/09/23 Switzerland’s MECI Group International signed an agreement with Iran’s government to build a 750 million-euro ($839 million) wind farm, Bloomberg reported. The project, located in the mountainous region in northern Iran, will have 270 megawatts installed capacity, according to a statement from the Swiss holding company. Turbine testing is by presently happening onsite, according to MECI Chairman Jeremiah Josey. “Iran is at a very interesting point in history,” Josey said in a phone interview. “There is so much increase to be had. They can get through at least 20 years of technological catch-up in five years.”