Thursday, December 3 2020 13:17
Alexandr Avanesov

An industrial solar power plant with a capacity of 200 megawatts to  be built in Armenia

An industrial solar power plant with a capacity of 200 megawatts to  be built in Armenia

ArmInfo.Photovoltage industrial power plant "Ayg-1to be built in Talin and Dashtadem  communities of Aragatson region of Armenia ". At the meeting on  December 3, the RA government approved the list of companies that  passed prequalification, the composition of the tender committee and  the invitation to participate in the tender.

According to the Minister of Territorial Administration and  Infrastructures of the Republic of Armenia Suren Papikyan, the  capacity of the new solar power plant will be 200 megawatts as part  of the investment program of the UAE company "Masdar". The companies  AHKA, Hydrochainakorporation, Gazpromenergoholding and Abu Dhabi  Future Energy Company (ADFEC) were pre-qualified. The results of the  competition will be announced in February 2021. The tender commission  included the Deputy Minister of Territorial Administration and  Infrastructures (Chairman), Deputy Minister of Justice (member of the  Commission), Deputy Minister of the Environment (member of the  Commission), Deputy Minister of Finance (member of the Commission)  and Deputy Minister of Economy (member of the Commission).  The  purpose of the government's decision is to properly organize and  conduct a tender for the design, financing, construction, management  and operation of a solar photovoltaic station.

It should be reminded that on July 12 last year in Yerevan between  the executive director of the "Masdar" company Mohammed Jamil Al  Ramahi and the executive director of the Fund for National Interests  of Armenia David Papazyan, an agreement on cooperation in the  construction of a solar photovoltaic (200 MW) power plant, a wind  power plant with a capacity of 200 MW of energy and "floating" solar  installations with a capacity of 100 MW. More than 200 rivers and  lakes can be used for floating solar programs. In Armenia, where the  wind speed is 8.5 meters per second, there are favorable conditions  for the construction of a wind farm. The country has an indicator of  1.720 kWh of solar energy per 1 sq. meter, in contrast to the average  European figure of 1000 kWh. Armenia, being a full member of the Abu  Dhabi International Renewable Energy Agency since 2010, aims to  provide more than a quarter (26%) of domestic demand through  renewable energy by 2025.

It should be noted that the construction of the Masrik-1  industrial-scale solar power plant in Armenia is ongoing, which is  being built by the winning consortium of the Dutch company with  Spanish roots Photowatio Renewable Ventures B.V and Spanish FSL Solar  S.L. (FSL Solar SL). In order to implement the project, the  consortium founded the Efarvi Masrik company in Armenia. The  estimated cost of the investment program will exceed $ 55 million 

POST A COMMENT
Input digits     


News
Italian Ambassador appreciates Armenia`s efforts to create a  favorable environment for foreign investment Italian Ambassador appreciates Armenia`s efforts to create a  favorable environment for foreign investment 
Instant idcoins ahead of the Armenia-Portugal football match: Idram&IDBankInstant idcoins ahead of the Armenia-Portugal football match: Idram&IDBank
Question for Central Bank: what is the cause of crisis in Armenian  payment market?Question for Central Bank: what is the cause of crisis in Armenian  payment market?
Armenia`s foreign trade turnover 42% down Armenia`s foreign trade turnover 42% down 
imID-provided Mobile ID system to be available to Team subscribersimID-provided Mobile ID system to be available to Team subscribers
Economic activity 7.1% up in Armenia in Jan-July 2025Economic activity 7.1% up in Armenia in Jan-July 2025
While speaking of peace, Armenian premier unable to esnure passage of  Armenian trucks through Georgian checkpoints - RPAWhile speaking of peace, Armenian premier unable to esnure passage of  Armenian trucks through Georgian checkpoints - RPA
Armenia`s State Revenue Committee reveals sale counterfeit vodkaArmenia`s State Revenue Committee reveals sale counterfeit vodka
Armenian premier visits Expo 2025 OsakaArmenian premier visits Expo 2025 Osaka
Russian diplomats get acquainted with Russia-sponsored UNDP projects  in Armenian Syunik Russian diplomats get acquainted with Russia-sponsored UNDP projects  in Armenian Syunik 
Armenia  to implement unified state information platform for  employmentArmenia  to implement unified state information platform for  employment
Saving time and money: Buying and selling cars in Armenia has gone  digitalSaving time and money: Buying and selling cars in Armenia has gone  digital
Converse Bank to improve MSME competitiveness within   EU4Business-EBRD programConverse Bank to improve MSME competitiveness within   EU4Business-EBRD program
Russia expecting twofold reduction in trade with Armenia by year`s  end Russia expecting twofold reduction in trade with Armenia by year`s  end 
1% idcoin within the framework of TOON EXPO: Idram&IDBank1% idcoin within the framework of TOON EXPO: Idram&IDBank
Yerevan-Kapan-Yerevan flights temporary suspended Yerevan-Kapan-Yerevan flights temporary suspended 
EBRD to provide EUR 46mln for establishment of Yerevan Customs and  Logistic Center EBRD to provide EUR 46mln for establishment of Yerevan Customs and  Logistic Center 
Armenian NPP to get AMD 1.035mln loan carried over from 2024 Armenian NPP to get AMD 1.035mln loan carried over from 2024 
Rise in food, services prices causes 3.6% y/y inflation in Armenia Rise in food, services prices causes 3.6% y/y inflation in Armenia 
AraratBank Joins ArcaPay with 0% Money Transfer CommissionAraratBank Joins ArcaPay with 0% Money Transfer Commission
Real estate to be checked for debts Real estate to be checked for debts 
Ardshinbank Launches Ardshinbank Launches "How to Become a Millionaire" Raffle
DigiTec 2025: over 40,000 guests, 100 global technology leaders, 250  companies expected to participate DigiTec 2025: over 40,000 guests, 100 global technology leaders, 250  companies expected to participate 
GPS modules connected to servers of Subsoil Inspectorate to be  installed on quarry equipment and dump trucks in ArmeniaGPS modules connected to servers of Subsoil Inspectorate to be  installed on quarry equipment and dump trucks in Armenia
Asian Infrastructure Investment Bank  ready to support  development  of  economic, scientific and educational spheres in ArmeniaAsian Infrastructure Investment Bank  ready to support  development  of  economic, scientific and educational spheres in Armenia
Deputy Finance Minister: Armenian government  to broad the scope of  countries with which it has double taxation avoidance agreementsDeputy Finance Minister: Armenian government to broad the scope of countries with which it has double taxation avoidance agreements
Realtors in Armenia to hold qualification certificates, and all real  estate sale and rental ads to be verified on online platformRealtors in Armenia to hold qualification certificates, and all real  estate sale and rental ads to be verified on online platform
High-Tech Ministry presents progress on  AI based  data processing  center developmentHigh-Tech Ministry presents progress on  AI based  data processing  center development
Armenian authorities to permit installation of charging stations for  electric vehicles in parking lots and at retail outletsArmenian authorities to permit installation of charging stations for  electric vehicles in parking lots and at retail outlets
About 1mln people visit Armenian pavilion at Expo 2025 OsakaAbout 1mln people visit Armenian pavilion at Expo 2025 Osaka
Public property privatization program brings AMD 226mln to state  budget in 2017-2020Public property privatization program brings AMD 226mln to state  budget in 2017-2020
Exchange of information on financial accounts scheduled for Sept 30,  2025 - RA State Revenue Committee Exchange of information on financial accounts scheduled for Sept 30,  2025 - RA State Revenue Committee 
ADB developing new partnership strategy for ArmeniaADB developing new partnership strategy for Armenia
Overchuk believes that Yerevan will weigh all factors before choosing  between  EU,  EAEUOverchuk believes that Yerevan will weigh all factors before choosing  between  EU,  EAEU
Armenia`s international reserves growing at double-digit rate,  reaching $4.1 billion by August 2025Armenia`s international reserves growing at double-digit rate,  reaching $4.1 billion by August 2025
Active consumer lending causes double-digit growth in bad loans Active consumer lending causes double-digit growth in bad loans 
Yerevan, Beijing to continue promoting exports of Armenian products  to China - statement Yerevan, Beijing to continue promoting exports of Armenian products  to China - statement 
Armenian premier, ADB president discuss implementation of joint  programs Armenian premier, ADB president discuss implementation of joint  programs 
In Armenia`s  interbank foreign exchange market,  dollar, ruble  transactions decreased from August 25 to 29, 2025In Armenia`s  interbank foreign exchange market,  dollar, ruble  transactions decreased from August 25 to 29, 2025
A New Funding Opportunity - Unsecured Agri Loan from AraratBankA New Funding Opportunity - Unsecured Agri Loan from AraratBank
Zakharova does not rule out  Armenian  Prime Minister`s   participation in  Zakharova does not rule out  Armenian  Prime Minister`s   participation in  "World Atomic Week"
Armenia, U.S. to cooperate in nuclear energy, including small modular  reactorsArmenia, U.S. to cooperate in nuclear energy, including small modular  reactors
Ameriabank presents the First Digital Business Cards in ArmeniaAmeriabank presents the First Digital Business Cards in Armenia
Minister:  Draft law Minister:  Draft law "On Cybersecurity" submitted to  National  Assembly  for consideration
Armenia to regulate regular road transportation of passengers and  goods with ChinaArmenia to regulate regular road transportation of passengers and  goods with China
Pashinyan: Armenia is at historically highest point of its well-beingPashinyan: Armenia is at historically highest point of its well-being
Fresh fruit and vegetable exports increased: Economy MinisterFresh fruit and vegetable exports increased: Economy Minister
RA Central Bank Governor: Banking system assets reach 109% of GDPRA Central Bank Governor: Banking system assets reach 109% of GDP
SRC: In January-July, taxi drivers issued a total of 57 million  receipts, amounting to  $16.9 millionSRC: In January-July, taxi drivers issued a total of 57 million  receipts, amounting to  $16.9 million
Cashback system for non-cash payments to be launched in Armenia in a  pilot modeCashback system for non-cash payments to be launched in Armenia in a  pilot mode
Armenia  preparing for international wine competition Mondial de  BruxellesArmenia  preparing for international wine competition Mondial de  Bruxelles
EFSD mission got acquainted with  construction of 32-km section of   Kajaran-Agarak road EFSD mission got acquainted with  construction of 32-km section of   Kajaran-Agarak road 
Ameriabank Leads Mortgage Market with More Than 22% ShareAmeriabank Leads Mortgage Market with More Than 22% Share
UNICEF and CyberHUB-AM launch first online platform in Armenia to  support children and adolescentsUNICEF and CyberHUB-AM launch first online platform in Armenia to  support children and adolescents
Armenia, Iraq exploring opportunities to restore direct flightsArmenia, Iraq exploring opportunities to restore direct flights
Next year, Tumo Center for Creative Technologies to open in UruguayNext year, Tumo Center for Creative Technologies to open in Uruguay
Armenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailableArmenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailable
Iraq proposes to establish joint committee with Armenian businessmen  to boost trade and economic relationsIraq proposes to establish joint committee with Armenian businessmen  to boost trade and economic relations
4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 
Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head 
Read more
Exchange rates
05.09.2025
RUB4.70-0.01
USD382.770.52
EUR447.462.10
GBP515.901.96
CAD277.490.90
JPY25.840.07
CNY53.630.09
CHF476.671.83