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.
The projects will be tendered under single-round competitive bidding processes, supervised by the European Bank for Reconstruction and Development.
The Armenian government introduced a special tariff for PV projects up to 1 MW in late 2016.
Through the tender, the Armenian government will build the country’s first large-scale PV plant as part of its six-year $58 million solar program.
Modules manufactured at the facility will be sold under the brand Solaron. The facility will be owned and operated by local company Profpanel LLC.
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