Wednesday, November 23 2016 16:40
Naira Badalian

Armenian Deputy Energy Minister stands for solar panels popularization

Armenian Deputy Energy Minister stands for solar panels popularization

ArmInfo. Armenia plans to develop a complex project for micro plants popularization. This was stated by Hayk Harutyunyan, the Deputy Minister of Energetic Infrastructures and Natural Resources of Armenia at the press conference held on November 23.  According Deputy Minister, many things are already done to stimulate the field. But at this stage, as Harutyunyan stated, a need occurresto develop a clear program, assuming an installation of solar panel on every roof in Yerevan. "The aim of the Government is to produce energy right at the point of its consumption," Harutyunyan stated.

Following  the official, the public aware in respect to the implementation of this project is very important.  "We work on creation of such conditions that could make any private house owning family  think that the solar panel installation is logical and optimal," Deputy Minister stated.  The Deputy Minister presented the efficiency of the solar energy panels on his own example: " I have mounted such an equipment on the roof of my house and it is already 2,5 months I produce my energy myself," he stated.  According Harutyunyan, currently there are around 10 importers of  solar panels  in Armenia, as well as a number of available loan sources. The pay back period of this equipment is from 6 to 10 years.  As Deputy Minister clarified, the average monthly consumption of a family is 200-250 kWt. The annual indicator reaches 2400 kWt. To supply 2400 kWt it is necessary to have 1,5 kWt capacity panel. The price of such a panel is around USD 1000. During recent months the price dropped down for 20-25%.  The main feature of the project is that there is no need to by an additional battery, because the Electric Networks of Armenia JSC bears  a  liability to purchase household power. "Hence, the network becomes a free of charge source," Harutyunyan stated.

POST A COMMENT
Input digits     


News
Brendan Hanrahan: Armenia, United States have significant potential  for bilateral cooperation in technological sphereBrendan Hanrahan: Armenia, United States have significant potential  for bilateral cooperation in technological sphere
From September 8-12, 2025, ruble transactions prevalent in Armenia`s  interbank  foreign exchange market instead of dollar transactionsFrom September 8-12, 2025, ruble transactions prevalent in Armenia`s  interbank  foreign exchange market instead of dollar transactions
Armenia proposes US to start developing  roadmap for TRIPP projectArmenia proposes US to start developing  roadmap for TRIPP project
In  Armenia`s insurance market,  loss ratio for OSAGO decreased to  74% by September 2025In  Armenia`s insurance market,  loss ratio for OSAGO decreased to  74% by September 2025
5,092,062 AMD to the Bridge of Hope NGO. The beneficiary for September is the Moonq Technoschool5,092,062 AMD to the Bridge of Hope NGO. The beneficiary for September is the Moonq Technoschool
 LEADER pilot program for rural development to cover three more  regions of Armenia LEADER pilot program for rural development to cover three more  regions of Armenia
High-Tech Ministry  discusses steps to turn Armenia into  regional  Web3 centerHigh-Tech Ministry  discusses steps to turn Armenia into  regional  Web3 center
SRC Head: Armenian Customs Service to operate on  SRC Head: Armenian Customs Service to operate on  "Trump Route"
Yerevan hosting international AI conference Yerevan hosting international AI conference 
Yerevan to host annual banking forum Yerevan to host annual banking forum 
Exchange of information on financial reports to apply only to  nonresidents Exchange of information on financial reports to apply only to  nonresidents 
Armenia`s defense budget 25% of national budget - president Armenia`s defense budget 25% of national budget - president 
Trump Road actually at practical stage - minister Trump Road actually at practical stage - minister 
More pluses than minuses - minister of reopening of Armenian-Turkish  border More pluses than minuses - minister of reopening of Armenian-Turkish  border 
Armenia`s finance minister call for `not terrorizing population by  national debt` Armenia`s finance minister call for `not terrorizing population by  national debt` 
Financing of participatory budgeting programs to be doubled in  Armenia in 2026Financing of participatory budgeting programs to be doubled in  Armenia in 2026
Pay your bill with Idram&IDBank, receive idcoinsPay your bill with Idram&IDBank, receive idcoins
 U.S. Department of State official announces allocation of $145mln to  Armenia for Trump route  U.S. Department of State official announces allocation of $145mln to  Armenia for Trump route 
Government agencies, organizations to return  property provided to  them free-of-charge by the end of 2027Government agencies, organizations to return  property provided to  them free-of-charge by the end of 2027
Only 15% of declarants in Armenia have filled out income  declarations. Deadline for filing- November 1Only 15% of declarants in Armenia have filled out income  declarations. Deadline for filing- November 1
The Regulator extends Gazprom Armenia CJSC license for natural gas  distribution The Regulator extends Gazprom Armenia CJSC license for natural gas  distribution 
Armenia, India discuss potential for direct flights between their  countriesArmenia, India discuss potential for direct flights between their  countries
Presentation of Mark Aren’s “The New Adventures of Sherlock Holmes” BookPresentation of Mark Aren’s “The New Adventures of Sherlock Holmes” Book
RA Ministry of High-Tech Industry hosts WB delegation RA Ministry of High-Tech Industry hosts WB delegation 
Mongolia`s concessions to Armenia to involve 98% of exports Mongolia`s concessions to Armenia to involve 98% of exports 
Energy cooperation with Iran discussed at RA Ministry of Territorial  Administration Energy cooperation with Iran discussed at RA Ministry of Territorial  Administration 
Armenia to allocate $7.5mln to subscribe for shares of the authorized  capital of Asian Infrastructure Investment BankArmenia to allocate $7.5mln to subscribe for shares of the authorized  capital of Asian Infrastructure Investment Bank
EIB to issue EUR 50mln loan to Armenia for socio-economic development  of Syunik EIB to issue EUR 50mln loan to Armenia for socio-economic development  of Syunik 
EIB puts forward initiative to specify some provisions of agreement  on financing of construction of Sisian- Kajaran section under  North-South program EIB puts forward initiative to specify some provisions of agreement  on financing of construction of Sisian- Kajaran section under  North-South program 
 Armenia, Iran discuss prospects of cooperation in oil and gas sector Armenia, Iran discuss prospects of cooperation in oil and gas sector
Deputy PM promises to consider  MP`s proposal to reduce sugar  consumption in ArmeniaDeputy PM promises to consider  MP`s proposal to reduce sugar  consumption in Armenia
20 million drams for Artsakh students, 10 million drams for a kindergarten for Artsakh children: IDBank20 million drams for Artsakh students, 10 million drams for a kindergarten for Artsakh children: IDBank
David Ananyan on Crossroads of Peace project David Ananyan on Crossroads of Peace project 
Inspection Authority: Another 11 organizations  get licenses to  export flowers to RussiaInspection Authority: Another 11 organizations  get licenses to  export flowers to Russia
Yerevan to host Discover Armenia festival Yerevan to host Discover Armenia festival 
Landslide blocks traffic on section of Mtskheta-Stepantsminda-Lars  roadLandslide blocks traffic on section of Mtskheta-Stepantsminda-Lars  road
New goods traceability rules to take effect in Armenia New goods traceability rules to take effect in Armenia 
The Power of One Dram Turns FiveThe Power of One Dram Turns Five
Martin Galstyan: Foreign partners reaction to  peace agreement  between Armenia, Azerbaijan in Washington is positiveMartin Galstyan: Foreign partners reaction to  peace agreement  between Armenia, Azerbaijan in Washington is positive
AraratBank and “4090 Charity” Foundation: 2309 Meters Above the EarthAraratBank and “4090 Charity” Foundation: 2309 Meters Above the Earth
Martin Galstyan:  Armenia`s economic growth is projected to be  4.9-5.3%  in 2025Martin Galstyan:  Armenia`s economic growth is projected to be  4.9-5.3%  in 2025
 ENA CJSC issues statement regarding queues for connection to   distribution network ENA CJSC issues statement regarding queues for connection to   distribution network
Pashinyan discusses  fiscal and expenditure framework of  Medium-Term  Expenditure Program (MTEP) for 2026-2028Pashinyan discusses  fiscal and expenditure framework of  Medium-Term  Expenditure Program (MTEP) for 2026-2028
idcoins and profitable mortgage loans. IDBank at TOON EXPO YEREVAN 2025idcoins and profitable mortgage loans. IDBank at TOON EXPO YEREVAN 2025
 SRC head  thanks Iranian ambassador for effective cooperation in  tax  and customs spheres SRC head  thanks Iranian ambassador for effective cooperation in  tax  and customs spheres
Yerevan Municipality offers tax benefits for incomplete projects to  developersYerevan Municipality offers tax benefits for incomplete projects to  developers
 RA MFA responds to report on `Pakistan-Armenia deal`  RA MFA responds to report on `Pakistan-Armenia deal` 
Pakistan to recognize Armenia as UN member state, Armenia to give  green light to Pakistan`s accession to EAEUPakistan to recognize Armenia as UN member state, Armenia to give  green light to Pakistan`s accession to EAEU
Record number of tourists in Armenia in May-Aug 2025Record number of tourists in Armenia in May-Aug 2025
Regulator fines companies for unreasonably high prices for servicing  cash registers Regulator fines companies for unreasonably high prices for servicing  cash registers 
Ardshinbank Participated in Toon Expo 2025 Real Estate ExhibitionArdshinbank Participated in Toon Expo 2025 Real Estate Exhibition
Armenia`s debt to World Bank increasing Armenia`s debt to World Bank increasing 
Russian-Armenian businessman Samvel Karapetyan promises large foreign  investments for Armenia Russian-Armenian businessman Samvel Karapetyan promises large foreign  investments for Armenia 
Armenia`s electric energy output shows 6.5% y/y declineArmenia`s electric energy output shows 6.5% y/y decline
Armenian metallurgy industry`s output down Armenian metallurgy industry`s output down 
Further decline in Armenia;s industry Further decline in Armenia;s industry 
Armenia paid $5bln for mere talks about Armenia drawing closer to EUArmenia paid $5bln for mere talks about Armenia drawing closer to EU
Trump Road to facilitate Armenia-Russian communication as well - RF  vice-premier  Trump Road to facilitate Armenia-Russian communication as well - RF  vice-premier  
Share of Armenia`s TOP-5 trade partners 65% of trade turnover Share of Armenia`s TOP-5 trade partners 65% of trade turnover 
Unblocking South Caucasus puzzle consisting of numerous pieces -  Alexey Overchuk Unblocking South Caucasus puzzle consisting of numerous pieces -  Alexey Overchuk 
Read more
Exchange rates
12.09.2025
RUB4.560.06
USD383.470.72
EUR449.962.75
GBP519.912.59
CAD277.171.47
JPY25.950.08
CNY53.850.12
CHF481.442.76