Multilateral lenders finance Armenia’s biggest PV plant

It has been two years since Fotowatio Renewable Ventures won the bid to develop the 55 MW site and with finance finally secured, the build can go ahead.

Armenia kicks off 200 MW solar park tender

The AYG-1 project, planned in the Aragatsotn province of western Armenia, will be 85% owned by the successful developer and 15% by the Armenia Renewable Resources and Energy Efficiency Fund (Anif).


Armenia aims to improve net metering for small scale solar

The government is being helped by the European Bank for Reconstruction and Development as it designs a new net metering system. The country already supports large scale PV plants and small solar parks.


Masdar seals agreement to develop 400 MW of solar in Armenia

The Abu Dhabi-based clean energy group has entered into a formal agreement with an investment fund to develop 400 MW of PV capacity in Armenia, with a projected investment of up to $320 million.


Armenia to tender five more large-scale solar projects

The projects will be tendered under single-round competitive bidding processes, supervised by the European Bank for Reconstruction and Development.

Recom to increase production capacity by 1 GW

The German module manufacturer is planning a further expansion of capacity in Europe. In France and Armenia, new production lines for solar cells and modules are planned to start this year.

Fotowatio wins Armenia’s 50 MW solar tender

The solar facility will sell power to the local grid at around US$0.04/kWh. The project is part of Armenia’s six-year $58 million solar program.

Armenia on track to commission 10 MW, announce new utility-scale PV quotas

Work is heating up on 10 MW of solar PV plants in Armenia, which were commissioned under a special tariff announced in December 2016. Three MW have already been commissioned, with the rest scheduled for completion in 2018. Additional utility-scale quotas are also set to be published next year.

Armenia sees another finished solar PV plant

Armenia’s fledgling solar industry has received a boost with the installation of another 1 MW PV plant, by Arpi Solar. The company is due to start work on another 55 MW “very soon”.

Armenia announces commissioning of first PV plant under special regime for solar of up to 1 MW

The Armenian government introduced a special tariff for PV projects up to 1 MW in late 2016.

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