Global renewable energy capacity is set to rise by 50 percent in five years’ time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Energy Agency (IEA).
Minister of Roads and Urban Development Mohammad Eslami said on Thursday that capacity of the Iranian ports have grown up 10-fold during the sanctions, adding that it is manifestation of the country's progress.
Iran’s petrochemical production capacity will increase by 2.5 million tons per year once the projects to develop Ilam (wester Iran), Lordegan (western Iran) and Orumiyeh (northwestern Iran) petrochemical companies are completed.
China’s renewable power capacity rose 12 percent in 2018 compared to a year earlier, official data showed on Monday, with the country still rolling out new projects despite transmission capacity concerns and a growing subsidy payment backlog.
Iran and the US will lead the global polyethylene market capacity growth, which is poised to increase from 110.5 million tons per annum (mtpa) in 2017 to 150.9 mtpa in 2026, said GlobalData, a leading data and analytics company.