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Armenia Caucasus Monitoring

EU funds construction of solar power plant in Armenia

Harnessing the potential of solar energy is vital for sunny countries like Armenia. Due to high energy tariffs, the majority of the population struggle to pay electricity and gas bills. Solar power is not widely used in Armenia but, because it is eco-friendly and helps to save money, it is becoming more popular. The European Union has supported the country’s transition to sustainable energy through various initiatives and grants.

The EU-funded project ‘Arevadzor’, means valley of the sun and is aimed at developing sustainable energy and eco-tourism in Armenia. It enhances SME competitiveness through the promotion and wider use of sustainable innovative technologies. The project has supported the construction of a power plant with 4,000 solar panels, capable of providing enough energy to meet the needs of 500 households. Made in the EU, the polycrystalline solar modules used at the plant are durable and resistant to varying weather conditions. They are designed to last for more than 25 years without any problems. Arevadzor is managed through a public-private partnership between the local authorities and private bed and breakfasts.

The power plant’s location is not accidental. Gladzor, Vayots Dzor province, is notorious for its sunny days which amount to more than 300 per year. Arevadzor sells the energy it produces to electricity networks, using the revenue to maintain the power plant and develop eco-tourism in the region. The power plant is not only eco-friendly, but enables the locals to earn money. It has created workplaces for local residents and provided an opportunity for the community to switch to affordable, sustainable energy and spend less on bills.

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