Armenia Masdar Solar PV Park is a 200MW solar PV power project. It is planned in Aragatsotn, Armenia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. Post completion of the construction, the project is expected to get commissioned in 2025. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project is being developed by Abu Dhabi Future Energy. Abu Dhabi Future Energy and Armenian National Interests Fund are currently owning the project having ownership stake of 85% and 15% respectively.
Armenia Masdar Solar PV Park is a ground-mounted solar project which is planned over 500 acres.
The project is expected to generate 320,000MWh electricity and supply enough clean energy to power 280,000 households. The project is expected to offset 160,000t of carbon dioxide emissions (CO2) a year.
Development status
Post completion of the construction, the project is expected to get commissioned in 2025.
For more details on Armenia Masdar Solar PV Park, buy the profile here.
About Abu Dhabi Future Energy
Abu Dhabi Future Energy Co (Masdar), a subsidiary of Abu Dhabi National Energy Co, is a renewable energy company. It carries the operation and development of solar and wind power projects such as photovoltaic power, concentrated solar and offshore and onshore wind farms. Masdar invests in and contributes to innovative projects such as utility-scale power plants, community grid projects, and individual solar home systems. The company also focuses on advancing cleantech innovation and offers energy services consultancy. It is also involved in sustainable urban development, building, and deploying advanced technologies such as reverse osmosis seawater desalination plants. The company develops projects in the Middle East and North Africa (MENA) and other regions. Masdar is headquartered in Masdar, Abu Dhabi, the UAE.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
