About 415 new solar power plants with a total capacity of 2.4 megawatts have been put into operation across the country in the past two months, the Iranian Renewable Energy and Energy Efficiency Organization announced on February 26. So far, Iran has 6,674 solar power plants in operation. Iran's renewable energy power plants have a power generation capacity of more than 920 MW, of which solar power plants account for the largest share of power generation, followed by wind power plants. In Iran's total power generation, power generation accounts for 90%, and hydropower accounts for about 7%. In January this year, Iran's Ministry of Energy signed a memorandum of understanding with private companies to build 10,000 megawatts of renewable energy power plants across the country. The Iranian government allocated more than 30 trillion riyals (about 115.8 million U.S. dollars) for the development of renewable energy in the budget for the next year (starting on March 21), the highest level in history.