Tuesday, July 15 2025 20:30
Alina Hovhannisyan

Team launches powerful solar power plant in Gegharkunik with 16 million kWh annual production capacity

Team launches powerful solar power plant in Gegharkunik with 16  million kWh annual production capacity

ArmInfo. Recognizing the  importance of developing renewable energy sources, maintaining a  responsible attitude towards nature, and promoting energy security  and sustainable development in Armenia, the Team Group of Companies  has announced the launch of a new strategic project.

In the Gegharkunik region, the Team Group of Companies has built and  commissioned a powerful solar power plant with an annual production  capacity of 16 million kWh. The plant's capacity is equivalent to the  average annual electricity consumption of a city with a population of  7,000 to 10,000 people. Hundreds of specialists were involved in the  large-scale construction of the station, including those  from Team  Systems and Team Construct, which are part of the Team Group of  Companies.

According the company's press release, the installation of solar  power plants on such a large-scale  once again confirms Team's  commitment to promoting the use of green technologies in its  policies, which has a positive impact on the sustainable development  of the company, the economy, and the country.

Note that the Team Group of Companies unites Team Telecom Armenia,  Team Pay, Team Systems, Team Solutions CJSC, Buy.am, Grand Hotel  Yerevan, TMW, Northern Terroir, Team Construct, Team Logistics, and  ServiceHUB, operating in  telecommunications, information technology,  finance, hotel business and several other industries. Team aims to  stimulate the economy by offering products and services that are  accessible and applicable to all.