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Armenia

Armenia exempts import of PV components from customs duties

The Armenian government has granted exemption from customs duties for the first time to local developer Investment Media Group. The measure is intended to support the implementation of the country’s $58 million solar program.

Armenia sets up commission to support large-scale PV projects

The Armenian government said the new commission will supervise the development of six solar projects totaling 110 MW.

UAE-based Ocean Holding plans to invest $100 million in solar in Armenia

Armenia’s Ministry of Energy has signed a MoU with UAE-based Ocean Holding for the construction of PV plants with a combined capacity of over 100 MW.

Armenia builds third 1 MW PV plant under special tariff regime, announces plans for module factory

The Armenian government introduced a special tariff for PV projects up to 1 MW in late 2016. Construction on the country’s third 1 MW solar project under this regime has now begun. Furthermore, the Ministry of Energy has announced plans for Armenia’s first module factory.

Armenia to build its first solar power plant

More than 40 companies have expressed interested in a tender for the construction of a 50 MW solar power plant in Armenia. The project is a part of a US$58 million program to boost renewable energy in the country.

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