55 MW Masrik-1 solar project in Gegharkunik

Countries Armenia

Subsectors Photovoltaic

Sectors Solar

Capital value (MM) USD 64.28 / EUR 57.00

PPA Price (MWh) USD 20.00

Contracting authority Armenia Renewable Resources and Energy Efficiency Fund

MW Capacity 55

Current project stage

Project summary

The project would be the country’s first large solar power plant, with a capacity of 55 MW. It would be located in the province of Gegharkunik, near the village of Masrik on a 100-ha land. Once...

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