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Iran plans 5,000-MW solar plant in Isfahan, aiming for world’s largest

Iran plans 5,000-MW solar plant in Isfahan, aiming for world’s largest

Iran is preparing to launch construction of a 5,000-megawatt solar power plant in Isfahan Province, a project that officials say could become the world’s largest solar facility if completed as planned.
China leads world in renewable power curtailment

China leads world in renewable power curtailment

China curtailed enough clean electricity in the six months through June 2026 to power Mexico for an entire year, as the country’s power grids increasingly ran up against capacity constraints.
Iran’s Central Bank Governor Meets Iraqi Prime Minister in Baghdad

Iran’s Central Bank Governor Meets Iraqi Prime Minister in Baghdad

Abdolnasser Hemmati, Governor of the Central Bank of Iran, met with Iraqi Prime Minister Ali Faleh Al-Zaidi on Monday in Baghdad as part of his official visits to Iraq.
Iranian Stocks Extend Rally with Major Gains Across Key Indices

Iranian Stocks Extend Rally with Major Gains Across Key Indices

Continuing its upward trajectory on the third trading day of the week, the stock market posted another noticeable gain today, with the overall index surging by more than 131,000 points.
Iran-Tajikistan rail link to be completed within three months; weekly flights capacity set at 23

Iran-Tajikistan rail link to be completed within three months; weekly flights capacity set at 23

Iran's transport minister announced that the Chabahar-Zahedan railway will be completed within three months, adding that the port can support Tajikistan's logistics hub for access to open waters.
Tehran stocks post modest gains on first trading day of the week

Tehran stocks post modest gains on first trading day of the week

The Iranian capital market continued its modest upward trajectory on the first trading day of the week, Saturday, August 15, with the benchmark index gaining 141 points.
Oil prices surge over $1 as tanker attacks and stalled peace talks spark weekly rally

Oil prices surge over $1 as tanker attacks and stalled peace talks spark weekly rally

Global crude oil prices rose more than $1 per barrel on Friday, securing strong weekly gains driven by fresh attacks on oil tankers and a lack of progress toward a peace agreement between Iran and the United States.
Iran and Afghanistan seek to streamline trade and transit during agriculture minister's Kabul visit

Iran and Afghanistan seek to streamline trade and transit during agriculture minister's Kabul visit

Iranian Minister of Agriculture Jihad Gholamreza Noori Ghezeljeh met with Afghan Minister of Industry and Commerce Nooruddin Azizi in Kabul to discuss facilitating mutual exports, improving transit routes, and strengthening bilateral economic ties.
Iran proposes independent financial corridor for BRICS

Iran proposes independent financial corridor for BRICS

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati emphasized the necessity of creating a dedicated BRICS financial corridor and interconnecting the national payment networks of member states on the second day of BRICS financial meetings in India.
OPEC: Iran's crude oil production increases in July

OPEC: Iran's crude oil production increases in July

Iran's daily crude oil production rose by 26,000 barrels per day (bpd) in July to reach 2.478 million bpd, according to secondary sources cited in OPEC's latest monthly market report.
Iran's Central Bank chief urges BRICS to transition from dialogue to concrete action

Iran's Central Bank chief urges BRICS to transition from dialogue to concrete action

Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati called on BRICS member states to convert policy discussions into practical initiatives during the opening session of the BRICS Finance Ministers and Central Bank Governors Meeting in Jaipur, India.
Iran targets 12,000 MW renewable energy capacity by year-end

Iran targets 12,000 MW renewable energy capacity by year-end

The development of renewable energy power plants in Iran has accelerated over the past two years, with total capacity exceeding 5,400 megawatts (MW) and placing the country on track to reach 12,000 MW by the end of the year through ongoing construction projects.
Iran to join BRICS development bank in near future

Iran to join BRICS development bank in near future

Iran will soon join the BRICS New Development Bank, Central Bank Governor Abdolnasser Hemmati said on Wednesday, calling the bank the most important achievement of the bloc's cooperation.
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