Apr 20, 2023 · Earlier, in 2017, when it signed the Comprehensive and Enhanced Partnership Agreement (CEPA) with the EU, Armenia committed to enhancing the security and safety of
14 hours ago · At present, the government is working to regulate the legal framework for these facilities. Once the corresponding legislative framework is finalized, the details of the storage
May 11, 2025 · Armenia and the UAE have agreed to begin the construction of the industrial-scale photovoltaic solar power plant "Ayg-1" in Armenia in early 2026.
Apr 20, 2023 · Earlier, in 2017, when it signed the Comprehensive and Enhanced Partnership Agreement (CEPA) with the EU, Armenia committed to enhancing the security and safety of the energy supply, including by
2 days ago · As Armenia works towards the Government''s ambitious renewable energy targets and the share of variable renewable generation increases, the country might need to install
Jul 15, 2024 · Armenia is on the brink of a renewable energy revolution as the construction of its largest solar power plant, Masrik-1 is well underway in the Gegharkunik region. Spearheaded by the Shtigen Group, this
May 20, 2025 · The objective of the Energy Storage Development Project in Armenia is to assess the energy storage options and develop a Government support roadmap for the legal and
Armenia''s solar energy sector is advancing rapidly, marked by the activation of its first floating solar power plant in Yerevan. This 150 kW project is a testament to Armenia''s efforts to
Sep 2, 2025 · Armenia offers exceptional renewable energy investment opportunities with 66% clean energy targets, comprehensive tax incentives, feed-in tariffs up to 20 years, and
Apr 14, 2025 · Background & Relevance • Armenia is committed to expanding renewable energy (RE) capacity as part of its sustainable development and energy independence strategy. A
Jan 3, 2025 · A Strategic push for Solar energy in Armenia Armenia''s geography provides an ideal setting for solar power generation, with over 2,500 hours of sunshine annually.
Jul 15, 2024 · Armenia is on the brink of a renewable energy revolution as the construction of its largest solar power plant, Masrik-1 is well underway in the Gegharkunik region. Spearheaded

A 2003 study by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) estimated Armenia’s land areas with “good-to-excellent” wind resource potential to be around 1,000 km². With a conservative assumption of 5 MW per km², the authors noted that the area could support almost 5,000 MW of potential installed capacity.
In 2017, Tamara Babayan, a sustainable energy expert, estimated the potential of Armenia’s distributed solar power at 1,280 MW and almost 1,800 GWh in annual generation.
Armenia’s wind energy sector is minuscule. The entire country has just four wind farms with an installed capacity of 4.23 MW and an average annual generation of 3.97 GWh.
Last year Armenia produced 8,907.9 GWh of electricity, up 16% from 2021. The vast majority came from thermal power plants in Yerevan and Hrazdan (43.5%) and the Metsamor Nuclear Power Plant (32%). Hydropower accounted for 21.8%, while solar stood at 2.7% and wind power at just 0.02%.
The geothermal energy potential of Armenia is significant, but is not considered economically viable, at least for now. The World Bank has estimated the total potential at around 150 MW. The Karkar site in Syunik, for instance, has an estimated capacity of 28 MW with a construction cost of nearly $100 million, far pricier than solar.
The installed capacities of Armenia’s 60 solar farms range from 64.91 kW to 5,000 kW (5 MW). The majority (32 of 60) are at the upper range (5 MW), which seems to be the preferred size. The first license for a solar farm in Armenia was granted in November 2017, but only 12 were built in the first three years.
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