Investment Projects
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Hydro Energy
The major HPPs in Armenia At present hydro resources are the most widely used among the renewable energy resources. Utilization of the whole hydro potential will be obtained by using the existing two major HPP Cascades (Sevan-Hrazdan HPPs Cascade and Vorotan HPPs Cascade), Dzora HPP, construction of three new major HPPs and utilization of small HPPs potential.
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Wind Energy
According to Wind Energy Resource Atlas of Armenia elaborated by NREL /National Renewable Energy Laboratory/ of USA in 2003, the economically justified potential of wind energy is about 450 MW. The main perspective sites are located in Zod pass, in Bazum Mountain (Qaraqhach and Pushkin passes), in Jajur pass, in the territory of Geghama Mountains, in Sevan pass, in the region of Aparan, in highlands between Sisian and Goris, in the region of Meghri. The first wind power plant in Armenia and in Caucasus with total capacity of 2,6 MW was put in operation at Pushkin pass in December 2005. At the mentioned site it is foreseen construction of wind power plant with total capacity up to 20MW.
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Solar Energy
Armenia has a significant solar energy potential. The average annual amount of solar energy flow per square meter of horizontal surface is about 1720 kWh Solar thermal energy In Armenia solar thermal collectors /water - heaters/ are produced with 1.38 – 4.12 m2 standard measures. Daily generation of hot water from water – heaters with 2.75 m2 surface is 120-160 liter. There are cooling and ventilation solar systems at American University of Armenia, with solar capacity about 50 kWh and photoelectric capacity about 5 kWh, which secures continuous work of the whole system. Solar – water heaters have been installed on the roofs of buildings in many settlements, such as kindergartens, houses, medical centers by “Shen” organization, “Solaren” LTD Company, Greek “CRES” organization, by TACIS, USAID and other charitable organizations
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