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Sputnik News Service, Iran nuclear deal

Sputnik International

Sanctions Prompted Innovation in Renewables Sector in Iran - Int'l Renewable Energy Agency.

MOSCOW, June 6 (Sputnik) - The foreign sanctions imposed on Tehran have contributed to development of renewable energy industry in the country, the director-general of the International Renewable Energy Agency (IRENA) told Sputnik on Wednesday.

"Interesting thing I’ve seen in Iran as a result of the sanctions, there is tremendous amount of innovation and self reliance that is coming into Iranian renewable energy industry," Adnan Amin, who is also a member of the Global Energy Prize International Award Committee, said when answering a question about the future of renewables in Iran amid the threat of new sanctions.

The official added that Iran had been engaged in a dialogue with the European Union on the issues of renewable energy.

According to Amin, the Iranians have been very concerned over the prospects of renewable energy in the country as there are many problems with gas distribution amid high seismic activity in the country that often results in tremors damaging pipelines distributing natural gas.

US President Donald Trump announced in May that the United States would pull out from the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal. Trump also decided to restore wide-ranging sanctions on Iran, including secondary sanctions against financial institutions of third countries doing business with Tehran.

The JCPOA was signed in 2015 by Iran, the European Union and the P5+1 group of countries — China, Germany, France, Russia, the United Kingdom and the United States. The deal stipulated the gradual lifting of the anti-Iranian sanctions in exchange for Tehran maintaining the peaceful nature of its nuclear program.

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