ArmInfo.The Zangezur Copper and Molybdenum Combine (ZCMC) is implementing a large-scale program to utilize renewable energy from solar power plants, as stated by ZCMC First Vice President Vardan Dzhanyan in an interview with journalists on the sidelines of the Mining Armenia Forum.
According to him, such a transition is justified not only from an environmental perspective but also from an economic perspective.
"Today, solar power plants have the lowest cost of electricity. I believe that in 5-10 years, Armenia will be able to replace gas in electricity generation and switch to renewable energy sources - solar energy," Dzhanyan noted.
Note, according to the Statistical Committee of the Republic of Armenia, solar energy production in Armenia increased by 70.3% from January to July 2025, totaling 927.2 million kWh.
Recall, Zangezur Copper Molybdenum Combine (ZCMC) is the largest mining company in Armenia. The company operates the Kajaran copper-molybdenum deposit. The company places great emphasis on sustainable development. It is the only manufacturing company in Armenia operating within an ESG (environment, social issues, and corporate governance) program that complies with international practices. For the third year in a row, the company has published its annual sustainability report and is committed to implementing its own "green" energy agenda.
