Description/
objectives
Quantitative goals and
progress indicators
Time
frame
Name of the action: Commissioning of Solar PVs with capacity of up to 5 MW
Coordination/Support/Financing: Private investors
According to the Strategy and
Action Plan, the construction of
solar PV power plants with an
installed capacity of up to 5 MW
(inclusively) will be supported
through tariff policy and power
purchase agreement.
The quantitative goal is to support
the installation of the total of 315
MW of solar PV power plants with
an installed capacity of up to 5 MW
(inclusively) by 2030.
The progress indicator: The total
installed capacity of solar PV power
plants with an installed capacity of
up to 5 MW (inclusively)
The construction of the solar PVS
of this group was limited to a total
capacity of 10 MW.
Ongoing
2018-2029
The progress indicators: The ave
rage annual electricity generation
by Vorotan Cascade.
Progress of implemen-
tation/steps taken or
envisaged/ achieved
results
Name of the action: Commissioning of Solar PVs with capacity of up to 1 MW
Coordination/Support/Financing: Private investors, KfW Bank which provided loans through Armenian commercial banks.
Construction of solar PV power
plants with an installed capacity of
up to 1 MW (inclusively).
Completed
2017-2019
As of October 1, 2020, licen-
ses for production of electri-
city have been granted to 49
solar PVS with a capacity of
up to 5 MW with the total ins-
talled capacity of 200 MW.
As of December 1, 2020,
2 plants with total of 10 MW
capacity have been already
connected to the grid.
Hydro Power Plants
Name of the action: Upgrade of the Contour Global (Vorotan) Hydro Power Plant
Coordination/Support: IFC, Contour Global (Vorotan) Hydropower Cascade
Financing: IFC has arranged USD 140 min financing package for Vorotan Hydropower Cascade
The upgrade of Contour Global The quantitative goal was to achi- Completed
(Vorotan) Hydro Cascade to eve the annual