All tagged solar

UK Investor Halts Iran Solar Project Over US Sanctions

◢ British group Quercus, an investor in renewable energy, said Tuesday it will halt work on a major solar plant in Iran after the country was hit by US economic sanctions. "Following the US sanctions on Iran, we have decided to cease all activities in the country, including our 600 MW (megawatt) project," Quercus chief executive Diego Biasi said Tuesday in comments later confirmed by a company spokesman.