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#MASDAR

Economy

Armenia to own 15% in Aig-1 project implemented jointly with Emirates’ MASDAR

Fifteen percent of Aig-1 project, designed to build the largest solar power plant in Armenia is to be handed over to the Armenian government.

05.11.2024, 14:24

Technology

Construction of Ayg-1 solar power plant in Armenia to start later this year

The construction of the Ayg-1 photovoltaic power plant in Armenia will kick off in the fourth quarter of this year, Armenian National Interest Fund (ANIF) CEO Davit Papazyan said during Armenia-UAE business forum in Yerevan.

18.09.2023, 16:12

Technology

Masdar to build second 200 MW capacity photovoltaic power plant in Armenia

Armenian President Armen Sarkissian, who is on a working visit to the UAE, held a meeting in Abu Dhabi with Masdar CEO Mohammed Jameel Al Ramahi to discuss the possibilities of developing cooperation in the fields of renewable energy, technologies, science and education, the presidential press service reported.

17.01.2022, 10:15

Technology

Masdar submits $15.5 million performance bank guarantee to develop Ayg-1 project

On November 26 an unconditional, irrevocable and on-demand Performance Bank Guarantee was submitted by the developer of Ayg-1 project, Masdar, in accordance with the Government Support Agreement (GSA) signed between the Government of Armenia and Masdar on the same day.

01.12.2021, 09:53

Technology

Armenian government to support Masdar in construction of Ayg-1 photovoltaic power plant

Under an agreement signed today by Armenia and UAE-based Masdar Company, the governmental of Armenia will show support for the company in construction of Aig-1 photovoltaic power plant with 200 megawatt capacity in Armenia.

26.11.2021, 19:28

Technology

Armenian government extends construction period of Aig-1 solar power plant

The Armenian government has decided today to extend the construction period of the Ayg-1 solar power plant from 180 days to 545 days.

24.06.2021, 14:08

Technology

Armenia to announce winner of tender for construction of Ayg-1 photovoltaic solar power station in 2021 February

The Armenian government has approved today the results of the pre-qualification round of an international tender announced for the construction of a photovoltaic solar power station "Ayg-1".

03.12.2020, 14:58

Technology

Abu Dhabi-based Masdar will invest $300 million in development of renewable energy in Armenia

The Abu Dhabi-based clean energy group Masdar will invest $300 million in the development of renewable energy in Armenia, the head of the presidential staff Emil Tarasyan told the parliament today.

09.06.2020, 16:23

Technology

Armenian government to prequalify companies for construction of Ayg-1 photovoltaic solar power plant

The Armenian government will prequalify companies for the construction of the Ayg-1 photovoltaic solar power plant, Deputy Prime Minister Tigran Avinyan said during a government meeting on Thursday.

21.05.2020, 15:21

Technology

Masdar to pursue 400 MW solar power capacity in Armenia

Armenian President Armen Sarkissian, who was in the United Arab Emirates on a working visit, was present last Saturday in Abu Dhabi at the official agreement signing ceremony between the Masdar company and the Armenian National Interests Fund (ANIF) for the joint development.

02.12.2019, 15:18