The First Solar Power Plant Planned To Build In Armenia

The First Solar Power Plant Planned To Build In Armenia

The first photovoltaic solar power station to build in Armenia. The «Masric 1» station needs about US$ 50 million investment. The station's planned capacity is 55 MW and according to estimation for Masric region area 1 square meter solar panel can generate up to 1800 kW/h energy per year.

The first stage of international tender was completed a few days ago. 10 foreign companies were chosen to continue participation for the second stage in September. Preferences will be given to the company that will provide most competitive offer. The construction of solar power plant is planned in 2018.