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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