Armenia to elevate its energy system to much higher level – president
25.01.2017,
15:36
Armenian President Serzh Sargsyan attended today the opening ceremony of the Energy Week-2017, conducted as part of the Solar Energy Investment Conference, organized by Armenia’s Renewable Resources and Energy Efficiency Fund and the Expomedia Center of Exhibition Projects, Sargsyan’s press office said.
YEREVAN, January 25, /ARKA/. Armenian President Serzh Sargsyan attended today the opening ceremony of the Energy Week-2017, conducted as part of the Solar Energy Investment Conference, organized by Armenia’s Renewable Resources and Energy Efficiency Fund and the Expomedia Center of Exhibition Projects, Sargsyan’s press office said.
The conference’s aim is to present the recent developments in the areas of energy efficiency and renewable resources in Armenia, the existing problems, investment opportunities, possible funding sources, technological and design solutions, and prospective projects. The event is attended by over thirty companies from different countries which are interested in the possibilities for the construction of solar energy stations in Armenia.
The program of events to be conducted on January 25-27 includes also a three-day exhibition which will present the local manufacturers and companies specializing in this area. According to the organizers of the exhibition, the event will allow the participants to familiarize with the heat insulation materials, energy efficient systems of illumination and heating, samples of solar technology and services offered in this area.
In his welcoming remarks President Sargsyan said that as an important area of the Armenian economy, the energy system in recent years has registered substantial achievements. Particularly, high-voltage substations of structural importance have been almost totally renovated with the assistance of the international financial institutions.
He said also constant and persistent activities aimed at the creation of new capacities, construction of new power lines, and introduction of new technologies are being carried out in this area. In the regional context, Armenia is efficiently cooperating with its neighbors – the Islamic Republic of Iran and Georgia. Armenia-Iran and Armenia-Georgia power lines will be put into operation in 2019 to allow elevating the energy system of Armenia to a qualitatively new level.
’Also as a member of the Eurasian Economic Union, Armenia can become a unique bridge between the Islamic Republic of Iran and the Eurasian Economic Union. This factor creates excellent opportunities for the implementation of various investment projects by the state as well as private sectors.
In the long-run, the economies based on “green” principles are more promising and stable. For that very reason, in the development strategy of this particular area, we especially stress the importance of the development of the renewable energy such as solar, wind, thermal and hydro energy.
According to numerous of scientific explorations, Armenia possesses a great potential for the development of solar energy. In order to create an attractive milieu for the investors, in recent period of time we have implemented a number of legislative reforms, using the best world practices.
It is necessary to note that in recent years the cost of technologies for solar photovoltaic panels has decreased by nearly 80%. For that very reason, compared to other technologies for energy production, the industrial-scale technology for solar photovoltaic panels has become competitive. The preliminary studies show that thanks to these modern technologies currently it has become possible to get a competitive price for solar photovoltaic panels which in turn will allow avoiding negative impact on the set energy price for the ultimate consumers.
Thus, the world famous companies have every opportunity to participate at the tenders in Armenia and to build great capacity solar photovoltaic panels. In coming years, we are planning to dramatically increase the share of renewable energy in the general energy “balance sheet” through the construction of solar, wind, and thermal stations. -0-
The conference’s aim is to present the recent developments in the areas of energy efficiency and renewable resources in Armenia, the existing problems, investment opportunities, possible funding sources, technological and design solutions, and prospective projects. The event is attended by over thirty companies from different countries which are interested in the possibilities for the construction of solar energy stations in Armenia.
The program of events to be conducted on January 25-27 includes also a three-day exhibition which will present the local manufacturers and companies specializing in this area. According to the organizers of the exhibition, the event will allow the participants to familiarize with the heat insulation materials, energy efficient systems of illumination and heating, samples of solar technology and services offered in this area.
In his welcoming remarks President Sargsyan said that as an important area of the Armenian economy, the energy system in recent years has registered substantial achievements. Particularly, high-voltage substations of structural importance have been almost totally renovated with the assistance of the international financial institutions.
He said also constant and persistent activities aimed at the creation of new capacities, construction of new power lines, and introduction of new technologies are being carried out in this area. In the regional context, Armenia is efficiently cooperating with its neighbors – the Islamic Republic of Iran and Georgia. Armenia-Iran and Armenia-Georgia power lines will be put into operation in 2019 to allow elevating the energy system of Armenia to a qualitatively new level.
’Also as a member of the Eurasian Economic Union, Armenia can become a unique bridge between the Islamic Republic of Iran and the Eurasian Economic Union. This factor creates excellent opportunities for the implementation of various investment projects by the state as well as private sectors.
In the long-run, the economies based on “green” principles are more promising and stable. For that very reason, in the development strategy of this particular area, we especially stress the importance of the development of the renewable energy such as solar, wind, thermal and hydro energy.
According to numerous of scientific explorations, Armenia possesses a great potential for the development of solar energy. In order to create an attractive milieu for the investors, in recent period of time we have implemented a number of legislative reforms, using the best world practices.
It is necessary to note that in recent years the cost of technologies for solar photovoltaic panels has decreased by nearly 80%. For that very reason, compared to other technologies for energy production, the industrial-scale technology for solar photovoltaic panels has become competitive. The preliminary studies show that thanks to these modern technologies currently it has become possible to get a competitive price for solar photovoltaic panels which in turn will allow avoiding negative impact on the set energy price for the ultimate consumers.
Thus, the world famous companies have every opportunity to participate at the tenders in Armenia and to build great capacity solar photovoltaic panels. In coming years, we are planning to dramatically increase the share of renewable energy in the general energy “balance sheet” through the construction of solar, wind, and thermal stations. -0-
