منو

About Persian Gulf Holding

Persian Gulf Renewable Energy Development Company is the specialized arm of the Persian Gulf Holding (PGPIC) in the field of renewable energy. PGPIC, recognized as the largest petrochemical conglomerate in the Middle East, ranks 12th among the world’s top petrochemical companies and is ranked among the global top 40, with a strong presence across Asian, European, and African markets.

Leveraging this powerful foundation, Persian Gulf Renewable Energy Development Company is turning vast resources into an investment for the future — a future in which clean energy will serve as the driving force of sustainable development in Iran and the region. Our mission is to develop solar and wind projects with a targeted capacity of 5,000 MW; a mission defined on both national and international scales, positioning us as a pioneer in the global clean energy transition.

Backed by the experience, investment, and global network of the Persian Gulf Holding, the company not only leads in the implementation of large-scale domestic projects but also paves the way for entry into global renewable energy markets. We strongly believe that the future of energy lies in the synergy of knowledge and expertise — and Persian Gulf Renewable Energy Development Company proudly stands as a flagbearer of this transformation.

Mission

• Attracting domestic and foreign investment • Ensuring reliable power supply for industries and households • Developing solar, wind, and hybrid projects • Supporting sustainable technologies and reducing the carbon footprint • Contributing to the energy transition and diversification of the fuel mix

Core Values

• Innovation and technological advancement • Transparency and accountability • Sustainable value creation for shareholders and society • Collaboration with domestic and international partners • Responsible environmental stewardship

Vision

By 2025 (1404 in the Iranian calendar), with an initial investment of 20,000 billion IRR, the company aims to develop 5,000 MW of renewable power capacity, thereby accelerating the transition to sustainable energy and positioning itself as a national role model. The long-term target is to reach several thousand megawatts of clean energy capacity by 2030 (1409).

Implementation Roadmap

 

  • Phase I (2025–2026): Establishment of SPVs, licensing, branding, and pilot projects (25–50 MW)
  • Phase II (2026–2028): Large-scale deployment (100–500 MW), grid integration, and capital attraction
  • Phase III (2028–2030): Expansion into export markets, long-term sustainable development, and carbon reduction initiatives

 

Head Office
Persian Gulf Renewable Energy Development Company
Laleh Tower, Simaye Iran Street, Eyvank, Shahrak-e Gharb (Ghods), Tehran, Iran