Prime Minister and Minister of Energy opened first in Armenia solar panel manufacturing company SolarOn

ArmInfo. The official opening  ceremony of the first SolarOn solar panel production in Armenia took  place in the presence of the Prime Minister Karen Karapetyan and the  Minister of Energy Infrastructures and Natural Resources Ashot  Manukyan.

Ashot Manukyan said at the ceremony, despite the small production  volumes (maximum capacity of 1.3 MW per year - Ed.), The creation and  operation of this production is valuable from the point of view of  creating of own technological base, which will later become the basis  for developing own scientific - Technical developments. "Some three  months ago at the meeting in Moscow with the co-founder of the  enterprise Arthur Alaverdyan we worked out the issue of creating this  production, but I reacted with some skepticism, not really believing  that such a plant can be created in three months. Now I admit that I  was wrong and very glad that my fears were groundless, and investors'  plans turned out to be very real," the minister stressed. He noted  that Armenia will soon have its first major solar station (Masrik -  Ed.). This is a fact that can be considered as a natural continuation  of the industry development trend by the example of SolarOn. He  informed that the Ministry had already issued licenses for the  production of solar energy with a total capacity of 9.5 MW of  electricity, which indicates the presence of a large backlog in the  field and that SolarOn will be provided with orders for at least a  year.

To recall, the total investment in the creation of production of  SolarOn was about $ 2 million. The enterprise produces  polycrystalline and monocrystalline solar panels, offers ready-made  technical solutions for solar parks and small stations, from design  to commissioning. The enterprise takes full warranty and  post-warranty service. In the future - obtaining an international  certificate, access to foreign markets, development of special IT  applications for monitoring systems.

According to Alaverdyan, as the market develops, the volume of  investments will increase several times, while the cost of solar  panels produced in Armenia will gradually decrease. Today, a solar  mini-station with a capacity of 1.5 kW, capable of covering about 200  kWh per month, will cost the buyers 1.5-1.7 thousand USD.