Electricity generation at Armenia’s solar power plants increased by 48 times
/Jan 12/Panorama/

A total of 7 105.4 million kilowatt-hours of electricity were generated in Armenia in January-November 2018, up by 2.4% to compare with productions volumes of 2017, Armenia’s National Statistical Service (NSS) reported.

According to the NSS figures, in 2017 the electricity generation at hydro power plants grew by 27.8%, amounting to 3 179.6 million kilowatt-hours, while at thermal power plants – 34.8 million kilowatt-hours which is 43.2% increase against the volumes of 2017.

In the indicated period, Armenia’s Nuclear Power Plant (NPP) produced 1 787.1 million kilowatt-hours of electricity, securing a 23.9% rise over 2017. Electricity production volumes at hydropower plants cut down by 10.8%, totaling to 30.6 million kilowatt-hours.

To note, electricity generation at Armenia’s solar power plants made up 4.8 million kilowatt-hours in January-November 2018, increased by 48 times to compare with previous year volumes while production volumes at wind power plants cuts down by 17.6% amounting 1.4 million kilowatt-hours. 

ALNOWAIS Arab company interested in Armenia’s energy area
/Jan 16/ARKA/

YEREVAN – Armen Sarkissian, Armenian president, met today in Abu Dhabi with Hussain Al Nowais, the founder and chairman of ALNOWAIS Investments company, the presidential press office reports. 
The head of the investment company expressed interest in cooperation with Armenia, particularly in implementation of joint projects in renewable energy. 
phe parties made an arrangement for Hussain Al Nowais’ visit to Armenia – he will see opportunities of elaboration of particular programs.  
ALNOWAIS Investments has a rich experience in implementation of projects in renewable energy. It engages in hotel, real estate and infrastructure businesses.

Italian Renco’s CEO assures construction of new power station in Yerevan will launch soon
/Jan 18/

YEREVAN – Acting minister of energy infrastructures and natural resources of Armenia Garegin Baghramyan on January 18 held a meeting with Giovanni Rubini, Chief Executive Officer at Italy’s Renco S.p.A., the ministry told Armenpress.

At the meeting Giovanni Rubini provided information about the works carried out for the construction of new power station in Yerevan, praising the cooperation with the Armenian government. He said the works are being carried out in accordance with the timetable and without any obstacles. He assured that the financial summary of the program will be completed soon, and the construction works will launch.

Acting minister Baghramyan attached importance to the proper implementation of the construction works and the maintenance of the timetable.

250 million USD will be invested for the implementation of the program.

The construction will last 26 months and will involve 1000-1200 people.

230 jobs with high salaries will be created during the operation of the plant.