Close Menu
  • News
  • Industry
  • Solar Panels
  • Commercial
  • Residential
  • Finance
  • Technology
  • Carbon Credit
  • More
    • Policy
    • Energy Storage
    • Utility
    • Cummunity
What's Hot

Sol Systems adds to project portfolio with Texas acquisition | Projects Weekly

August 31, 2026

Climate-Linked Supply Chain Risk Is Already In Your P&L

August 26, 2026

Drake Plastics gets new carport project near Houston | Projects Weekly

August 17, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Solar Energy News
Sunday, September 6
  • News
  • Industry
  • Solar Panels
  • Commercial
  • Residential
  • Finance
  • Technology
  • Carbon Credit
  • More
    • Policy
    • Energy Storage
    • Utility
    • Cummunity
Solar Energy News
Home - Policy - Armenia to add about 615 MW of solar energy by 2025 – SPE
Policy

Armenia to add about 615 MW of solar energy by 2025 – SPE

solarenergyBy solarenergyFebruary 5, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Armenia had a record year for solar deployment last year, surpassing cumulative solar capacity of 1 GW. The market is currently led by autonomous solar producers, of which there are now more than 50,000 in the country.

February 5, 2026
Patrick Jowett

ArmeniaThe country’s cumulative solar capacity has reached 1.1 GW, the country’s Minister of Territorial Administration and Infrastructure Davit Khudatyan said.

The total indicates that approximately 615 MW of solar energy was added in 2025, while the International Renewable Energy Agency (IRENA) reported Armenia’s cumulative solar capacity at 485 MW at the end of 2024. Khudadtyan announced for the first time that Armenia had crossed the 1 GW solar energy threshold. in October.

Hayk Harutyunyan, co-founder and CEO of Areg.AI, explains pv magazine Last year, 9.72 TWh of electricity was produced in Armenia, approximately 5.8% more than the previous year, with solar energy production accounting for approximately 15% share.

With Armenia’s 2040 Strategic Program for Energy Sector Development aiming to increase the share of solar energy in the energy mix to 15% by the end of this decade, the country has achieved its goal several years ahead of schedule.

The Armenian solar market is currently powered by a net metering scheme that allows households and businesses to install systems with a capacity of up to 150 kW for self-consumption, with excess power exported to the electricity grids for Armenia.

Harutyunyan told pv magazine there are now more than 50,000 autonomous solar energy producers in Armenia, with an operational capacity of 650 MW. According to an Armenian press conference, the number of domestic solar power plants grew by 60% by 2025, while their capacity grew by 52% year-on-year.

See also  Control, not capacity, could be the next driver of US residential storage investment – ​​SPE

Armenia previously supported rooftop solar through interest rate subsidies on loans, but the government announced last July that the program would end. In October, Khudadtyan said the government would explore shifting support to hybrid and battery storage projects.

The only large-scale solar power plant completed in Armenia last year was the Masrik 1 solar power plant, the country’s largest operational facility to date. The 62 MW project was built by Spanish renewable energy developer FRV and China Machinery Engineering Corp. It was awarded through a tender in 2018 and will supply electricity to Armenia’s electrical networks under a long-term power purchase agreement.

Harutyunyan added that the capacity of solar and wind power plants in Armenia is expected to increase to 2 GW by 2040, to align with the country’s long-term energy strategy. “Of the 2,000 MW, only 500 MW of wind power plants are planned,” he said. “Therefore, approximately 400 MW of solar energy needs to be installed and operated to achieve the strategic program.”

Armenia aims for the share of renewable energy sources in its energy mix to increase to around 50% by 2030 and then to around 60% by 2040. Hydropower is the main form of renewable energy sources in Armenia, with an energy share of 27.7% in the first half of 2025, according to the Armenian National Statistical Committee.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Source link

See also  Japan's Toyo is planning a 2 GW solar cell factory in Ethiopia
add Armenia Energy solar SPE
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
solarenergy
  • Website

Related Posts

Türkiye will add 2.1 GW of solar energy in the first half of the year

July 30, 2026

The Trinity Energy project takes the Florida Costco distribution center off-grid

July 29, 2026

FCC prohibits the import of new foreign inverters

July 29, 2026
Leave A Reply Cancel Reply

Don't Miss
News

ABB and Gridbeyond Release Bess Energy Management Software

By solarenergyMay 24, 20250

Gridbeyond and ABB announce a strategic partnership to deliver ABB’s newly launched battery energy storage…

Panasonic launches decentralized water-to-air heat pumps-PV Magazine International

February 12, 2025

Solis launches 16 kW residential and 60 kW commercial hybrid inverters

October 6, 2025

How you can integrate Zonne-Plus storage with Heat pumps-PV Magazine International

April 30, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Sol Systems adds to project portfolio with Texas acquisition | Projects Weekly

August 31, 2026

Climate-Linked Supply Chain Risk Is Already In Your P&L

August 26, 2026

Drake Plastics gets new carport project near Houston | Projects Weekly

August 17, 2026

What Counts For Scope 3 Targets

August 12, 2026
Our Picks

Sol Systems adds to project portfolio with Texas acquisition | Projects Weekly

August 31, 2026

Climate-Linked Supply Chain Risk Is Already In Your P&L

August 26, 2026

Drake Plastics gets new carport project near Houston | Projects Weekly

August 17, 2026
About
About

Stay updated with the latest in solar energy. Discover innovations, trends, policies, and market insights driving the future of sustainable power worldwide.

Subscribe to Updates

Get the latest creative news and updates about Solar industry directly in your inbox!

Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2026 Tsolarenergynews.co - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.