TEHRAN – In a significant move to promote renewable energy sources in Iran, the Supreme Economic Coordination Council, presided over by President Masoud Pezeshkian, has approved a comprehensive package of financial incentives aimed at encouraging private sector participation in the development of solar energy projects. The council's decision comes as part of the government's broader strategy to diversify the country's energy mix and reduce its reliance on fossil fuels. The approved incentives include tax breaks, subsidized loans, and streamlined licensing processes for companies involved in the purchase, production, and installation of solar panels. This initiative is expected to create new job opportunities, attract foreign investment, and contribute to Iran's efforts to combat climate change and environmental degradation. Experts believe that Iran's vast desert areas and abundant sunshine make it an ideal location for large-scale solar power generation.