In the coming years, Armenia plans to boost the development of renewable energy, especially that of solar energy. On January 14, the executive approved the "Strategic Program for Development of Energy Sector of the Republic of Armenia (until 2040)" and its implementation schedule. According to the program, the share of solar energy production in the energy system is planned to increase to 15% - 1.8 billion kWh by 2030. For this purpose, solar power plants with a total capacity of 1000 MW will be built, including autonomous power plants.
By July 2022, the construction of 55-megawatt Masrik-1 solar photovoltaic station in the territory of Mets Masrik Community, Gegharkunik Region, will be accomplished. Masrik-1 will produce 0.11 billion kWh of electricity per year. The investment in this program is estimated at $ 60 million. The financing will be provided by loans from the European Bank for Reconstruction and Development and the International Finance Corporation. The area of the station will cover 128.3 hectares.
The construction of “Ayg-1” solar photovoltaic power plant with a installed capacity of 200 MW is planned to be completed in December, 2023. The plant will generate 0.32 billion kWh of electricity per year. The project is estimated at $ \170 million.
The construction of "Ayg-2" solar photovoltaic power plant with a installed capacity of 200 MW will be completed in December, 2024. It will produce 0.32 billion kWh of electricity per year. A private investment of $150 million is estimated for this project. The construction of 2 solar photovoltaic stations is planned in Aragatsotn and Kotayk Regions in Armenia. On December 26, 2019, the Government of the Republic of Armenia approved "MASDAR ARMENIA PROGRAM" investment program. "MASDAR ARMENIA PROGRAM" was initiated by Abu Dhabi Future Energy Company (Masdar) founded in the United Arab Emirates and Armenia National Interest Fund established by the Government of Armenia.
It is planned to eliminate about 520 hectares of land for the first station from Talin, Dashtadem, Katnaghbyur and Yeghnik communities. For the second station, it is planned to take about 520 hectares of land from Yeghvard and Nor Yedesia communities.
In December 2024, it is planned to complete the construction of 5 solar photovoltaic power plants with a capacity of 120 MW. As a result, about 0.192 billion kWh of electricity will be produced annually.
In December 2029, it is planned to complete the construction of small solar stations with a total installed capacity of 315 MW (up to 5 MW), out of which 15 MW is planned for the construction of community solar stations. It is estimated that these plants will produce 0.326 billion kWh of electricity per year: $340 million in private investment is expected for this purpose.
In December 2023, it is planned to accomplish the construction of autonomous solar power plants, increasing the total installed capacity from 40 MW to 100 MW. These plants will produce about 0.16 billion kWh of electricity per year. $80 million is planned to be invested by the private sector for this purpose.
January 19, 2021 at 14:14