Armenia’s Ministry of Energy Infrastructure and Natural Resources has announced that 20 unspecified companies and one consortium have submitted project proposals for the 55 MW solar power tender issued in early May.
The country’s Minister of Energy Hayk Harutyunyan said that pre-qualified developers are based in in China, U.S., Germany, Spain, South Korea, Iran and other unnamed countries. All of these company will now have to submit their final offers. State-owned press agency Arka previously reported that 40 developers had expressed interest in the project.
“Preference will be given to the company that presents the lowest and most competitive price proposal,” Harutyunyan said.
The tender process is scheduled to be concluded by the end of 2018, while construction on the plant is planned to begin in 2019.
Popular content
The tendered 55 MW solar park will be located in Masrik, Gegharkunik province, eastern Armenia, and will require an investment of between $40 million and $60 million. Deputy Minister Hayk Harutyunyan specified that the installation could be expanded to 100 MW at a later stage, depending on the investor’s interest.
The project is part of the national plan for the development of renewable energies and is one of six PV plants with a combined capacity of 110 MW that the government is currently supporting through a recently created ad hoc commission.
The $58 million scheme is being supported by the Climate Investment Funds, the Armenian Ministry of Energy and Natural Resources, the World Bank, and the Asian Development Bank.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
5 comments
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.