Solar power plant Masrik-1 to build a consortium of Dutch and Spanish companies

ArmInfo. An international consortium consisting of world- renowned companies - the Netherlands Fotowatio Renewable Ventures B.V and the Spanish FSL Solar S.L, won the tender for the construction of a 55-MW Masrik-1 solar power plant in Armenia. This was reported by the press service of the Ministry of Energy Infrastructures and Natural Resources of the Republic of Armenia. According to the source, it was the consortium that proposed the lowest tariff from the future solar generation facility, which would be $ 0.0419 of electricity, excluding VAT or 20.11 drams per 1 kW/h of electricity. For comparison, the tariff for small hydropower facilities in Armenia is 23.8 AMD per 1 kWh of electricity. The results obtained from the tender show that solar energy in Armenia today is able to compete successfully with other generation facilities, contributing to the growth of the share in the country's overall electricity balance and improving the level of security and independence.

The solar power station Masrik-1 is planned to be built in the community of Mets Masrik of the Gegharkunik region entirely at the expense of foreign investments. There are all necessary conditions for the construction of the station at the selected site. Power will give an opportunity to annually produce 120 million kW / h of electricity. The expected volume of investments in this generation facility will be about $ 50 million. Earlier, on February 13, ArmInfo informed that within the next two months the results of the contest for the construction of Masrik-1 with a capacity of 55 MW will be summed up. As Deputy Minister of Energy Infrastructures and Natural Resources of Armenia Hayk Harutyunyan stated, the winner of the tender will be the company that offers the lowest tariff. Harutyunyan noted that there are no Armenian companies on this list, it is only about international companies that have the qualifications and experience of work. This is done in order to avoid the possible appearance of companies with a dubious reputation on the market.

Among the applicants are companies from South Korea, the United States, India, the countries of the European Union. The total amount of investments in this generation facility will be $ 65-70 million. The total cost of the program for the construction of solar power plants in Armenia is $ 129 million. A feasibility study has already been prepared for the construction of solar power plants. Within the framework of the program it is planned to build solar power stations with a capacity of up to 110 megawatts in various regions of Armenia. Of the 6 surveyed areas in 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 Aragatsotn region, studies on the remaining four localities continue.