Iran and Iraq have connected their national electricity grids in a ceremony with the participation of the Islamic Republic’s energy minister and the Iraqi deputy minister of electricity.
Iran says Bitcoin and other cryptocurrency miners will be provided with three-phased timers which switch off during peak hours of electricity consumption.
Chinese cryptocurrency miners have officially requested to set up shop in Iran, taking advantage of cheap energy to power and cool their electricity-intensive servers.
Iran’s Minister of Information and Communications Technology Mohammad Javad Azari Jahromi has highlighted the potentialities of crypto-currency mining, calling for the regularization of the business in Iran given the recent reports of bitcoin miners’ use of Iran’s cheap power.
Iran next week will add 1,300 megawatts of new power capacity to its national grid which is under strain from runaway demand driven up by sizzling summer temperatures.
Iran plans to construct a power plant in the central province of Markazi that would be the biggest in the Middle East in terms of generating electricity, a lawmaker announced.
Iraq is set to maintain and even increase its natural gas and electricity imports from Iran to meet the extreme summer demand, defying the US’ move to stop issuing sanctions waivers for the countries that import energy from Iran.
Iran's Energy Minister Reza Ardakanian says the country has restarted negotiations with Russia to build a new nuclear power plant capable of generating up to 3,000 megawatts of electricity.
Iraqi media say Prime Minister Haider al-Abadi has tasked the country’s Electricity Minister Qassem Al-Fahdawi to travel to Saudi Arabia to negotiate importing electricity from the Arab country.
An Energy Ministry official has rejected claims by opponents of the Rouhani administration that the recent power shortage across the country is a result of Iran’s fulfilment of its obligations under the Paris Climate Agreement.
At least four people are reportedly injured after Iraqi police fire in the air to prevent protesters from storming the main government building in Basra on the seventh day of unrest.
The iconic Milad Tower in Tehran went dark for an hour on Saturday night, as the Earth Hour campaign kicked off across the globe to raise public awareness about climate change and energy consumption.
Iran has started the construction of two new nuclear power plants in the southern province of Bushehr in a joint project with Russia’s Rosatom energy firm.
A Norwegian solar company has defied US President Donald Trump’s call for further isolation of Iran by signing a deal to invest €2.5 billion ($4 billion) in the country over the next five years.
Over two hundred villages in are generating solar energy to meet their power needs and the number is expected to surpass 300 by the end of this year’s Iranian calendar year (mid-March 2018).
Iranian scientists have identified at least 10 prime sites in the Persian Gulf for production of electricity from the ebb and flow of the regional water.
The temporary power failure caused by the extremely high level of humidity and dust pollution in Iran's southwestern province Khuzestan has slightly decreased the country's oil production, but it won't influence Iran's OPEC commitments.
Iran has reportedly cut electricity exports to Iraq due to the country's accumulated debt of nearly $1 billion to Iraq, Iranian and Iraqi officials noted.