The first solar floating plant development project was launched in Armenia on March 1, 2021, jointly with the Armenia Renewable Resources and Energy Efficiency Fund and French company TRANSENERGIE.
In the project framework, it is expected to study the existing reservoirs in Armenia and conduct technical and financial feasibility of the reservoirs for the construction and operation of floating solar plants. Based on the studies’ outcomes, a pilot floating solar photovoltaic plant with a capacity of about 150 kW will be built in Armenia.