In Armenia, commission is formed to support solar stations building

ArmInfo. An interdepartmental commission to assist in the implementation of projects in the field of solar energy is created in Armenia. By the decree of Minister of Energy Infrastructures and Natural Recourses of Armenia Ashot Mankukyan, the stuff of commission is established including representatives of Ministry of Energy Infrastructures and Natural Recourses, Ministry of Finances, Ministry of Economic Development and Investment, Justice Ministry, Ministry of Nature Protection, Central Bank, Commission for Public Services and etc.

The aim of the commission is to present offers on implementing steps to build solar stations of industrial nature in Armenia.

As is known, according to the investment program established by the Government, in Armenia, in 6 areas is planned to build solar stations with total power of 110 MW. For the first stage, the territory near Masrik community is chosen, where solar station is to be built generating 55 MW.

To recall, the total cost of program is $ 129 million. Within the program, in 6 areas is planned to build solar stations with total power of 110 MW in Armenia. Of the six surveyed areas for two, the Spanish consulting company "Aries Engineering" has already submitted feasibility studies. They relate to the localities of "Masrik" in Gegharkunik region and "Dashtadem" in the Aragatsotn region, studies on the remaining four localities continue. One of the main conditions of the competition will be the tariff offered by investors.  The advantage will have the company that will offer the minimum tariff. The climate investment fund for the development of alternative energy provided Armenia $ 28 million, of which $ 2 million is a grant and $ 26 million is a loan. The terms of the loan are soft - 0.25% per annum with a maturity of 40 years and a grace period for payments in the first 20 years. Grant funds are being used to study the localities, develop a feasibility study for the project, calculated at a station of 100-120 MW capacity.