Iran's implementation of both feed-in-tariff scheme for renewable energy providing for high tariffs and a guaranteed power purchase agreement (PPA) with a 20 year term, together with its strategic geographic location and ideal climatic conditions has, in recent years, put it at the top of the list of emerging markets for renewable energy. In May 2016, we published an overview of Iran's vision to promote renewable energy - please find the relevant briefing here. This briefing provides an update in respect of subsequent major developments.