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.

Manufacturers

In the simplest terms, manufacturing is the process of producing actual goods or items/products through the use of raw materials, human labour, use of machinery, tools and other processes such as chemical formulation. This process usually starts with product designing and raw material selection, turning them into an actual product output. 

Solar Products Manufacturers and Factories

In terms of solar, manufacturing encompasses the fabrication or production of materials across the solar market chain. The most common product being manufactured by solar companies are the solar photovoltaic (PV) panels, which are made with several subcomponents such as solar wafers, cells, glass, back sheets, and frames. Before a solar panel comes into life, it will undergo a lot of processes, from designing, modelling, choosing what raw materials to use and then assembling them all to make the final product.

More Than Just Solar Panels

Aside from the solar panels, solar companies have many other manufactured products that are required to make solar energy systems work smoothly, like solar inverters, batteries, combiner boxes, and racking and tracking structures.

Having a solar manufacturing sector makes a big difference in supplying affordable solar energy in different areas. Aside from maintaining the rising domestic and global demand for cleaner and renewable energy, they also help the economy grow, particularly the solar industry. If you are in search of a reliable solar manufacturing company, checking out our solar outsourcing company, SolarFeeds, would help you get easy access to reliable information, news, data and a list of solar manufacturers that can help you with solar products.