To build, own, and operate long-term solar energy infrastructure that strengthens Armenia’s energy security and delivers reliable, clean electricity through institutional ownership and professional governance.
To be the leading platform for utility-scale renewable energy in Armenia, recognised for institutional governance and long-term value creation.
Solar power generated to date
Anushavan Simonyan
Grigor Vardanyan
Karen Arabyan
Our solar power stations are located across multiple regions of Armenia, reflecting a diversified and geographically balanced operating portfolio that supports sustainable clean electricity generation nationwide.
Located on a total area of 6.0 ha, this power plant operates under the feed-in tariff scheme with a guaranteed power purchase agreement until 2041.
Located on a total area of 2.5 ha, this power plant operates under the feed-in tariff scheme with a guaranteed power purchase agreement until 2040.
Located on a total area of 10.0 ha, this power plant operates under the feed-in tariff scheme with a guaranteed power purchase agreement until 2040.
Located on a total area of 7.3 ha, this power plant operates in the open market.
Located on a total area of 6.0 ha, this power plant operates in the open market.
Located on a total area of 7.5 ha, this power plant operates in the open market.
Located on a total area of 9.2 ha, this power plant operates under the feed-in tariff scheme with a guaranteed power purchase agreement until 2042.
Located on a total area of 4.0 ha, this power plant operates under the feed-in tariff scheme with a guaranteed power purchase agreement until 2042.
One of the largest solar portfolios in Armenia.
Electricity generated and delivered to the national grid across the year.
The green electricity generated by the portfolio is estimated to reduce CO₂ emissions by approximately 27,750 tonnes per year.
The annual generation of the portfolio is sufficient for the electricity needs of over 23,500 Armenian households.
Explore detailed insights into our financial performance, sustainability metrics, and strategic milestones.