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Exploring the Potential: How Armenia is Shaping the Future of Energetic Sector

  • Hovhannes Tevosyan
  • Apr 22, 2024
  • 1 min read

Updated: May 18, 2024

The Representative of Owners of the Amenian plant, where the project is situated, Hovhannes Tevosyan, shares the fact that Armenia with it's Solar potential, is one of the leading Countries that will play a major role in the Future of Carbon points generation.



However, starting in 2018 the Project faced several Challenges including the onset of the Covid-19 Pandemic, a War with a neighbouring Country, and unstable Financial Situations. Despite these Hurdles, the Solar Stations are now operational.


The all of the 11 Plants are based in 2 Provinces and generate a total of 55MW of Power.

 

We intend to use the Proceeds from selling Carbon Credits to develop new renewable Energy Projects, including Solar and Wind Power Stations.

The importance of investing in sustainable Energy Projects in Armenia, particularly in the light of the World's changing Climate, is immense.

 

Utilising these renewable Resources could help mitigate the effects of Climate change in Armenia and around the World.



Hovhannes Tevosyan, Business Partner

Representative of Owners of Armenian Plants

 
 
 

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