Financial Tribune - Solar power generated by using domestically-made solar panels is purchased at higher prices, spokesman of the Renewable Energy and Energy Efficiency Organization (Satba) said.

The guaranteed purchase price paid by the government for solar power generated by private companies or households is 30% higher if locally-made panels are used, ILNA quoted Jafar Mohamadnejad Sigaroudi as saying.

A new directive to raise renewable tariffs was announced by Energy Ministry last week to encourage investment in green energy.