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Armenia
Solar Market Outlook in Armenia
The solar market industry in Armenia is strong and has showcased consistent growth over the past decade or so. In 2014, the government launched the Scaling Up Renewable Energy Program for Armenia (SREP Armenia) as part of its commitment to promote renewable energy sources.
This new program serves as an update to the Renewable Energy Roadmap that was launched in 2011. It specifies the targets for the deployment of renewable energy infrastructure in response to the aging conventional energy infrastructure in the country. At the same time, the government wanted to boost the country’s energy security, while also lowering the risk for potential renewable energy investors.
The target for the Armenian government is to achieve 26% of total power generation in the country from renewable sources. When it comes to the solar power market, it has been given a boost by the widespread use of solar farms. In 2019, the first micro solar farm was installed in Armenia and it produced one MW of power with the capacity to be expanded with an additional 0.5 MW of solar power. This solar farm paved the way for more solar installations in the country while also providing more jobs to the locals.
Solar Energy Equipment Supply Capacity in Armenia
There are plenty of solar panel and equipment manufacturers in Armenia, providing a variety of options for consumers and businesses looking to switch to solar power. There is also access to many other distributors and suppliers in neighboring European countries.
Top 8 Major Seaports & Logistics in Armenia
Ports are vital to the economy of Armenia since this is one of the ways that goods are traded and transported in and out of the country. The same goes for solar power equipment.
There are a few seaports available in Armenia for transporting solar equipment namely
- Abovyan,
- Ararat,
- Masis,
- Yerevan,
- Hrazdan,
- Kajaran.
Thin Film used for below projects in Armenia
No Projects Found