Iran has put together a package for $25 billion of investment in its booming power industry which is key to the country’s economic recovery, head of Iran Power Transmission, Generation and Distribution Company (Tavanir) says.

Iran’s Ministry of Energy has signed an agreement with a German company to build 1,250 megawatts of solar energy projects in the hydrocarbon-rich country’s latest move to green its energy supply chain.

The Iranian government says it has signed an agreement worth $6 billion with a European company to build 4,250 megawatts of power capacity in the country.

Germany’s Green Energy 3000 GmbH has signed an agreement to generate 10 megawatts of solar power in the southwestern Iranian city of Ahvaz, a news agency says.

The Iranian government allows foreign companies for the first time to export part of the electricity which they generate in the country, a deputy energy minister says.

Activists in Lebanon block access to the Electricity Ministry building in the capital, Beirut, in protest at high electricity prices.

Iran and Germany are set to start a new round of talks over power-generation projects.

Iran is building the Middle East’s first geothermal power plant at the foot of an inactive volcanic peak as the country is racing to meet a runaway demand for electricity by its growing population.

Iran is lining up water and electricity projects worth $50 billion for investment after the removal of sanctions, Energy Minister Hamid Chitchian says.

TVEL, a subsidiary of Russia’s state-run nuclear energy company Rosatom, says it will deliver fresh nuclear fuel to Iran’s Bushehr power plant by the end of this month.