Skip to content

Armenia

Masdar secures deal to develop ‘Armenia’s biggest utility scale solar project’

The UAE-based, state-owned renewables company had its original suggestion of a $0.0299/kWh price for the solar power generated refused by Yerevan, with the government putting the project out to a competitive tender. Masdar has won the bidding, but at a reduced energy tariff.

1

EBRD leads $6m green finance package for Armenia

Private sector businesses will be offered concessional loans to install solar and other climate change related equipment.

2

Solar could help Azerbaijan consolidate gains in Nagorno Karabakh after recent conflict

That was just one of the revelations of the latest Dentons’ Guide to renewables investment in Europe, which also noted solar plants could be switched off in Slovakia, Ireland could go either way on clean power pricing, and Luxembourg is struggling with a surprising headache.

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).

1

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.

3

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.

1

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.

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close