This is almost certainly a sham. Much is unknown about this World Eco Energy company.
TEHRAN – A US company has signed a preliminary agreement to invest $1.175 billion 864 million euros in Iran, in a rare joint commercial project to turn rubbish and human waste into electricity.
California-based World Eco Energy said it plans to produce 250 megawatts daily by burning trash and by processing algae and salt and waste water into power.
Iran will match the US investment, the company said.