Iran, Turkmenistan to build hydrogen power plant

IRAN, TURKMENISTAN TO BUILD HYDROGEN POWER PLANT

IPR Strategic Business Information Database
June 2, 2005

According to “Tehran Times”, Iran and Turkmenistan are determined
to construct a 1,000-megawatt hydrogen-fuelled power station, an
Iranian official said. Ramezan Vahidi, director for research center of
renewable energies, told reporters no private financier has dared to
get involved in the project “because of big expenses”. The first phase
of investment requires 2,000 euros per kilowatt, he said, adding the
costs would fall in the next stages. Iran has also cooperated with
Armenia in construction of windmill to generate electricity.