Armenia

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).

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 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’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”.

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.

The tendered 55 MW solar plant is part of the country’s six-year $58 million solar program.

The government of the disputed region in South Caucasus, which is officially known as the Republic of Artsakh, announced it will conduct a study to assess its solar potential.

Modules manufactured at the facility will be sold under the brand Solaron. The facility will be owned and operated by local company Profpanel LLC.