On January 14, 2021 the Government of Armenia approved the Energy Development Strategic Plan until 2040.
One of the directions in the strategic program provides for new tenders for the
construction of 7 solar photovoltaic plants with a total installed capacity of about 520 MW, of which two will have a capacity of 200 MW each. The Government of the Republic of Armenia aims to increase the share of solar energy production by at least 15% or 1.8 billion kWh in total by 2030. For this purpose, about 1,000 MW of solar power plants will be built, including autonomous ones.
On behalf of the Government of the Republic of Armenia, Armenia Renewable
Resources and Energy Efficiency Fund will hold tenders for solar projects.