Scientific- Industrial consortium on clear energy sources to be set in Armenia

ArmInfo. the Minister of   Economic Development and Investments and "Solar Haydrogin" Kirill  Gitchunts signed memorandum on cooperation in respect to creation of  scientific-industrial consortium of hybrid systems of  energy. The  consortium will be lead by the Ministry of Economic Development. 

 According to the press office of the Ministry, the Solar Haydrogin  will render resources necessary  to secure the success of consortium  and for successful implementation of the project in other countries.  Due to usage of solar batteries and hydrogen generator  it will be  possible to obtain "clear" energy and fuel for transportation  facilities, which will be more safe from environmental point, and  it  will not generate hothouse effects. The technology proposed by the  holding is much cheaper of those being used today - it reduces the  prime cost of electric power at least for 50%. The test unit of the  equipment mentioned is already assembled. 

According to Gitchunts, the signing of  this memorandum with the  Ministry of Economic development is very important step to spread  this technology all over the world. Besides, it is very expedient to  make investments in Armenia, because  people here are very smart.  In  his turn, the Deputy Minister of Economic Development and investments   mentioned, that Ministry has a goal to support this technology and to  start production on its base."