Tuesday, November 13 2018 17:29
Alina Hovhannisyan

Energy Week 2018 Investment Forum to be held in Yerevan

Energy Week 2018 Investment Forum to be held in Yerevan

ArmInfo. The Energy Week 2018 investment forum will be held in Yerevan on November 14-16.

According to the press service of the Ministry of Energy  Infrastructures and Natural Resources of Armenia, the upcoming event  will be organized by the Renewable Energy and Energy Efficiency Fund  of the Republic of Armenia and the British company Invest In Network  with the assistance of the Ministry of Energy Infrastructures and  Natural Resources of the Republic of Armenia and patronage of the RA  government. The event organized by the fund is aimed at presenting  the latest developments in the field of renewable energy to  investors, the country's investment opportunities, engineering and  technological solutions, promising projects.

Representatives of more than 15 countries interested in the  construction of solar power plants in Armenia submitted their  applications for participation in the forum. Investors are  represented by companies from such countries as the USA, Great  Britain, Germany, Switzerland, Italy, Spain, Austria, China, Lebanon,  the United Arab Emirates, Russia and Kazakhstan.

Investors in the field of geothermal, wind and hydropower, five  investment programs for the construction of solar stations will also  be presented to investors. In particular, one of the programs will  concern the possibility of building a solar station in the Talin-2  area of the Aragatsotn region, as well as details of the upcoming  tender for this project.

It is planned to present visions of the development of the energy  sector and a favorable investment environment in the field of  renewable energy on the example of banks and local investors.

On the second day of the forum, prospects for the development of the  energy sector, financial capabilities, and the potential of solar  energy will be presented. Also on the second day, it is planned to  visit the Talin-1 solar power station and the Talin-2 area, as well  as the SolarOn solar panel production plant. The event will be  attended by about 300 participants, including ambassadors, heads of  international organizations, foreign investors, specialists,  representatives of the private and public sector, government  agencies.