Located close to the Lake Sevan, the 62 MW dc project will be the biggest PV power plant in Armenia. Built with double-faced solar panels, the project will be contributing to the country's sustainable economic growth, generation of wealth and local employment.
Newly tendered solar deals comprise 210 MW of capacity. The government expects solar PV capacity to reach 100 MW by 2024 and 1,000 MW by 2030. According to the MTAI, which oversees the energy sector, wind energy potential in Armenia is approximately 450 MW.
The Procedure for Energy Audits is the norm-setting legal act that regulates energy audits in Armenia. This procedure was approved by Government Decree 1399-N of 31 August 2006 and revised by Decree 1105-N of 4 August 2011 and Decree 1026-N of 10 September 2015.
Renewable energy resources, including hydro, represented 7.1% of Armenia's energy mix in 2020. Almost one-third of the country's electricity generation (30% in 2021) came from renewable sources. Forming the foundation of Armenia's renewable energy system as of 6 January 2022 were 189 small, private HPPs (under 30 MW), mostly constructed since 2007.
For consultation on the terms of the loan, fill out an application or call us. SOLARA company offers an alternative version of the terms of purchase of the solar station. The cost of the station starts from
View Details
Located close to the Lake Sevan, the 62 MW dc project will be the biggest PV power plant in Armenia. Built with double-faced solar panels, the project will be contributing to the country''s sustainable
View Details
In addition to zeroing out your utility bills, solar power is also affordable from a down payment perspective. Various state subsidy and European Union programs pay the installment interest for
View Details
Five institutions based in Armenia, including kindergartens, a cultural center and a national polytechnic university, have already started using solar power plants of the Lithuanian solar energy company
View Details
The liberalization of Armenia''s electricity market, initiated with a new model in 2022, aimed to introduce additional players into what was previously a single-buyer market, thereby enhancing opportunities
View Details
Our company has implemented many successful projects, which is proved by 100% satisfaction of our customers and the 0% failure rate of installed solar PV systems for more than 5 years of operation.
View Details
Indicators of renewable resource potential capacity (kWh/kWp/yr). The bar chart shows the proportion of a country''s land area in each of these classes and the global distribution of land area across the cl d
View Details
Five institutions based in Armenia, including kindergartens, a cultural center and a national polytechnic university, have already started using solar power plants of the Lithuanian solar energy company
View Details
According to the public reports of PSRC, as of July 2025 there are 84 commercial solar PV plants with total 369 MW installed capacity operating in Armenia, of which 62 plants (260.4 MW)
View Details
The Renewable Energy Investment Plan for Armenia was approved within the framework of the Climate Investment Funds'' Scaling-Up Renewable Energy Programme (SREP), which has allocated
View Details
Energy supplies are now guaranteed based on existing power purchase agreements. Generators selling on the market are obligated to pay the electric networks only for distribution.
View DetailsPDF version includes complete article with source references. Suitable for printing and offline reading.