Masdar signs agreement to develop Armenia's largest solar power plant - News
Armenia is looking to increase the share of renewables in its energy mix and reduce its dependence on imported oil and gas.
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Armenia is looking to increase the share of renewables in its energy mix and reduce its dependence on imported oil and gas.
ABU DHABI, 26th November, 2021 (WAM) -- Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, announced today it has signed an agreement with the Government of the Republic of Armenia to develop a 200-megawatt (MW) solar photovoltaic (PV) plant. The Ayg-1 project will be Armenia’s largest utility-scale solar plant. The Government Support Agreement (GSA) was signed by Gnel Sanosyan, Minister of Territorial Administration and Infrastructure of the Republic of Armenia, and Mohamed Jameel Al Ramahi, Chief Executive...
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