''Energy Efficient Regions'' program implemented in Armenia with $1.7 million EFSD grant
YEREVAN, November 21. /ARKA/. Electricity saving in public buildings participating in Armenia's ‘’Energy Efficient Regions’’ program have reached 40%. This was reported by Karen Asatryan, Director of the Armenian Renewable Energy and Energy Efficiency Fund, during an expert meeting.
Since 2022, the Renewable Energy and Energy Efficiency Fund has been implementing the ‘’Energy Efficient Regions’’ program with a $1.7 million grant from the Eurasian Fund for Stabilization and Development (EFSD). As part of the program, a preliminary energy audit of over 150 public buildings was conducted, resulting in the selection of 13 buildings where energy efficiency measures are being implemented.
In particular, a 150 kW solar photovoltaic station was installed at the CANDLE Synchrotron Research Institute, along with energy efficiency measures such as thermal insulation of floors and ceilings and the replacement of windows. A 100 kW solar installation was also installed at the Yerevan Figure Skating and Hockey School, which also serves as a parking lot. Thermal insulation work was carried out at the Alaverdi Medical Center.
The participants of the expert meeting agreed on the need to share the accumulated positive experience.
A two-day event was planned in Yerevan and Gyumri to summarize the project's results. The first part, on November 19, was attended by representatives from the Ministry of Territorial Administration and Infrastructure of Armenia, the Renewable Energy and Energy Efficiency Fund of Armenia, the National Polytechnic University of Armenia, the EFSD, as well as representatives and managers from UNDP and experts in energy-saving technologies from Belarus, Kyrgyzstan, and Tajikistan.
On November 20, the participants visited Gyumri, where they observed the work being carried out at several institutions: the Gyumri branch of the National Polytechnic University of Armenia, the Enrico Matte Polyclinic, and the Saint Grigor Narekatsi Polyclinic.
About the Fund
The Renewable Energy and Energy Efficiency Fund of Armenia was established by the Government of the Armenia in 2005. The Fund’s goal is to promote the development of the renewable energy and energy efficiency sector, stimulate market growth, attract investments, and develop mechanisms to enhance energy security and the reliability of the energy system. It also organizes and implements credit, grant, and other programs on behalf of the state that contribute to the sector's development.
About the EFSD
The Eurasian Fund for Stabilization and Development (EFSD) is a regional financial mechanism with assets exceeding $9 billion. It was established in 2009 by the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan to support the economic and financial stability of its member states and promote their sustainable development. -0-
