IFC, EBRD, and EU to Support First Solar Project in Armenia Updated On Thu, Jul 16th, 2020 by Saurenergy IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […] Read more
Masdar to Pursue 400 MW Solar Power Capacity in Armenia Updated On Mon, Dec 2nd, 2019 by Saurenergy Masdar has entered into an agreement with the ANIF to develop solar power projects with a total capacity of 400 MW in Armenia. Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies has announced that it has entered into a formal agreement with the Armenian National Interests Fund […] Read more
Masdar Signs MoU in Armenia for Development of 500 MW RE Projects Updated On Mon, Jul 15th, 2019 by Saurenergy Masdar has signed an MoU to pursue renewable energy opportunities to the tune of 500 MW in solar and wind energy projects in Armenia. Masdar or the Abu Dhabi Future Energy Company has announced the signing of a Memorandum of Understanding (MoU) to pursue renewable energy opportunities in the Republic of Armenia, a country with […] Read more
Armenia Looks to Solar Energy Updated On Wed, Dec 27th, 2017 by Saurenergy The government policy estimates the country’s potential capacity of solar energy production at up to 3,000 megawatts — enough to meet domestic demand and even make Armenia a net electricity exporter. Armenia is banking on renewable energy to increase its energy independence. Armenia much sunnier than most of Europe — according to government figures, it […] Read more
