Armenia's Ministry of Energy Infrastructures and Natural Resources has received applications from 20 different bidders from China, USA, Germany, Spain, South Korea, Iran and other countries for the construction of the 50 MW solar project near the village of Masrik in the province of Gegharkunik.
Energy Finance & Investment News in Armenia
Armenia Renewable Resources and Energy Efficiency Fund by the request of the Ministry of Energy Infrastructures and Natural Resources of RA is seeking private developers for the 55 MWp Masrik-1 solar photovoltaic (PV) power plant project.
IFC, a member of the World Bank Group, has arranged a landmark US$140 million financing package for the Vorotan Hydropower Cascade, one of Armenia’s main power generating facilities, to bolster the country’s supply of clean energy.
ContourGlobal and the Republic of Armenia announced the completion of the acquisition of the assets of the Vorotan hydroelectric facility, a series of three individual power plants with a total electrical capacity of 405 MW on the Vorotan River in southern Armenia.
ContourGlobal has completed a takeover deal to acquire Vorotan Hydroelectric Complex, which is composed by three hydro-power plants (HPP) located on the Vorotan River in Syunik, Armenia.