US Company Signs $1.175bln Iran Energy Deal: Report (8)

Tasnim Iran 2014.07.06 14:45
TEHRAN (Tasnim) - A US company has reportedly signed a preliminary agreement to invest $1.175 billion (864 million euros) in Iran, in a rare joint commercial project to turn rubbish and waste into electricity. California-based World Eco Energy has announced it plans to produce 250 megawatts daily by burning trash and by processing algae and salt and waste water into power, AFP reported. Iran will match the US investment, the company said.
IRAN, WASTE, TRASH, SALT, MEGAWATT, ALGA, Iran, USA