Kaveh Methanol Sets 1,000 MW Power Generation Target by Year-End

Kaveh Methanol Sets 1,000 MW Power Generation Target by Year-End
(Tuesday, November 25, 2025) 11:24

TEHRAN, Nov. 25 (NIPNA) – Kaveh Methanol, a major Iranian petrochemical producer, said on Tuesday it aims to feed 1,000 megawatts (MW) of electricity into the national grid by the end of the year as part of its broader renewable energy expansion plans.

In an interview with local media, the company’s Chairman, Ebrahim Asgarian, outlined targets of 3,500 MW for solar power projects and 3,000 MW for wind power, with varying stages of implementation underway. So far, 205 MW have been connected to the grid, and an additional 1,000 MW is expected to come online by year-end.

Asgarian highlighted the importance of completing the petrochemical value chain. He noted that during the company’s early operations, project relocation and government requests for infrastructure support required Kaveh Methanol to independently implement gas pipelines and other critical facilities. “We began operational activities even before receiving many of the allocated resources,” he said, adding that the company continues to face shortages in key infrastructure, including 70 MW of electricity supply. Water needs are met through seawater desalination.

The chairman also addressed challenges in the wind energy sector, citing difficulties in equipment sales and transportation, particularly as the company’s primary partner was from Southeast Asia. After a year of negotiations, the firm recently reached an agreement to commission a 6.2 MW wind farm, with domestic manufacturing of additional turbines set to begin.

Kaveh Methanol has also expressed readiness to participate in gas field projects to help address national energy shortfalls. Asgarian stressed the need for government facilitation, saying private-sector efforts are constrained by regulatory and local barriers. “If energy imbalances in the country are to be resolved, the path for the private sector must be eased,” he said.

Currently, the company employs around 15,000 staff across 14 provinces. Asgarian underscored the importance of creating investor confidence, noting that inconsistent policies across regions can create uncertainty for industrial investors.

 


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