Mohsen Tarzitalab, Deputy Minister of Energy and Head of SATBA, during the signing ceremony of this memorandum with the cooperation of the Ministry of Cooperatives, Labor and Social Welfare and the Cooperative Development Bank, expressed appreciation for the commitment of the Ministry of Cooperatives and the Cooperative Development Bank to implement this memorandum. He stated that SATBA will do everything necessary to advance the provisions of this memorandum so that people in various regions of the country can benefit from its implementation. He added that signing this memorandum aims to achieve several objectives simultaneously, including public participation in the construction of renewable power plants, active involvement of the cooperative sector in this field, and helping to reduce poverty in deprived areas.

Hamed Weiss Karami, Deputy of Cooperatives at the Ministry of Cooperatives, Labor and Social Welfare, also stated at this ceremony that in the year of boosting production, public participation makes the cooperative sector the most effective agent for aggregating public investments to play a role in economic activities. Therefore, cooperatives can take action in the context of energy imbalance in the country, and if the provisions of this memorandum are implemented, it will be possible to achieve more than the targeted 600 megawatts of cooperative power plants in the first phase. He added that rural cooperatives in the U.S. produce 77,000 megawatts of renewable electricity, and in Iran, similar results can be achieved based on ideological and economic foundations.

Weiss Karami stated that three sectors have been considered for implementing this memorandum: constructing home-based power plants in the form of cooperatives with collective financing, establishing power farms with the participation of lower-income households, and creating renewable power plants adjacent to industrial parks by cooperatives.

He detailed the financial resources needed for implementing this memorandum, stating that about 82% of the resources would be sourced from public investments, with the remainder coming from the Cooperative Development Bank and other banks. More than 1,000 billion tomans have been allocated by the Cooperative Development Bank for this memorandum.

He also reported on the enthusiasm of representatives from several industrial parks for constructing cooperative power plants and added that producers in the form of cooperatives can not only participate in building renewable power plants but also benefit from load management exemptions, reduce production costs, and even achieve profitability.