In Short : ADB President reaffirmed the bank’s strong partnership with Armenia while celebrating 20 years of development cooperation. Discussions with Armenian leaders focused on advancing infrastructure, energy, and private sector projects. ADB highlighted its commitment to supporting Armenia’s green growth, resilience, and inclusive development, while emphasizing the role of strategic investments in shaping sustainable […]
UAE to Build Biggest Solar Power Plant in Armenia
The Armenian government is looking to expand the country’s renewable energy capacity with an ambitious plan to build two new solar power plants. The Ayg-1 solar power plant is projected to generate about half of what the country’s aging nuclear power plant makes, Eurasianet reports. In July, the government finalized a deal with United Arab […]
UAE’s Masdar Picked to Develop $174M Solar Project in Armenia
Energy project will be developed on a design, finance, build, own, and operate basis with Masdar holding a 85% stake. The Government of Armenia has selected Abu Dhabi-based clean power major Masdar as the winning bidder for the tender for a utility-scale solar project. The 200-megawatt (MW) plant will be located in the Talin and […]
Masdar Wins Tender For 200 MW Solar Project in Armenia
The government of Armenia has selected UAE-headquartered clean energy company Masdar as the winner of a 200 MW utility-scale solar project tender. The tender was part of the Joint Development Agreement signed between Masdar and Armenian National Interest Fund CJSC (ANIF) in November 2019, to develop renewable energy projects with a total capacity of 400MW […]
Armenia seeks developers for 200-MW solar project
The Armenian government has launched a request for qualification (RFQ) as part of a tender for the construction of 200 MW of solar parks in the country under a partnership project with Masdar. The 200-MW scheme is the first stage of a 400-MW collaboration that Abu Dhabi Future Energy Company, better known as Masdar, and Armenian […]
Masdar and ANIF join hands to pursue 400MW of solar power projects in Armenia
Masdar, one of the world’s leading renewable energy companies, has entered into a formal agreement with the Armenian National Interests Fund (ANIF) to develop solar power projects with a total capacity of 400 megawatts (MW) in Armenia, an investment of between US$300 million and US$320 million into the Armenian economy. Mohamed Jameel Al Ramahi, Chief […]
The Largest Commercial PV Project in Armenia is Completed
2.2MW ArSun-1&2 PV project, the largest commercial solar power station in Armenia, set to reportedly provide electricity supply in Hrazdan community were inaugurated by the developer Shtigen LLC (KSTAR’s Exclusive distributor in the country) on November 13th, 2019. Shtigen LLC, the exclusive agency of KSTAR in Armenia, is a professional PV solutions provider,who is committed […]