Sectorial Brochure Energy Sector of Armenia/BA | Page 8

ONGOING PROJECT / MASRIK – 1 PV PP The winner of the Masrik -1 PV PP project was renounced “Fotowatio Renewable Ventures B.V” (FRV) and “Fotowatio, S.L.” (FSL) consortium under the free competition. The PV plant is located in Gegharkunik region of Armenia. Peak power of the plant is 62.00 MWp. Annual production is going to be 150000 MWh/year. This project will help to avoid the CO₂ by 54000 t/Year. The renewable energy produced by Masrik – 1 PV PP will supply 21400 households. The surface of the plant will use 100 hectares. The Masrik – 1 PV PP is going to start its operation in 2020. The project is under the development phase. Fotowatio Renewable Ventures B.V company is responsible for the project's development and financing. The company is at the forefront of the transition of the energy market, as it increasingly shifts its focus to renewable solutions. It is inspiring this change by setting high standards of quality, technical innovation and commitment to delivery. ONGOING PROJECT / ACCIONA ENERGY GLOBAL SL By the Memorandum of Understanding signed on March 30, 2017 between the Ministry of Energy Infrastructures and Natural Resources of RA and “Acciona Energy Global SL” Spanish company on Wind Power Plant Construction Program in Armenia, it is foreseen to construct wind power plants with capacity of 100-150 MW. In December 2017, the company started implementation of the wind potential assessment. Two 80 meter height Wind Monitoring Stations and one “Sodar” system were installed. Each station is equipped with 8 anemometers, 3 weathercocks, 2 thermo hydrometers and 1 atmospheric pressure gauge. ONGOING PROJECT / ACCESS INFRA CENTRAL ASIA LIMITED According to relevant decision of the government of Armenia dated March 30, 2017 an assistance is provided to “Access Infra Central Asia Limited” United Arab Emirates Company for construction of wind power stations in Armenia with capacity up to 150 MW. An 80 meter height Wind Monitoring Station is in action. Another one is planned to be installed in 2018. 7