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Jueves 24 de Junio - Buenos Aires - Argentina
PREMIO MEJOR MEDIO DE PRENSA PUBLICADO EN LENGUA EXTRANJERA - MINISTERIO DE LA DIASPORA DE ARMENIA 2015
Armenia - United Arab Emirates
UAE-based Masdar Company set to launch first renewable energy project in Armenia
09 de Junio de 2021

President Armen Sarkissian received representatives of the UAE-based Masdar Company Mohammed al-Shehhi and Manager at the Bids Department Vipul Goyal.

Masdar starts the first investment program in the field of renewable energy in Armenia, which will be launched in the near future within the framework of “AYG-1” solar photovoltaic program.

An agreement on the implementation of investment programs in Armenia by Masdar, one of the world leaders in the field of renewable energy, was reached during the official visit of the President of the Republic of Armenia Armen Sarkissian to the United Arab Emirates.Armen-Sarkissian-Masdar-1-1024x683A joint development agreement was signed in 2019 in Abu Dhabi between the State Interests Fund of Armenia and Masdar Company on the implementation of projects with a total capacity of 400 MW in the field of renewable energy in Armenia.

During the meeting with the representatives of Masdar company, President Sarkissian hailed the fact that high-level agreements reached during the visits to the United Arab Emirates are being implemented.

“We expect investments and new cooperation programs in other spheres – technology, agriculture, logistics. Our countries have a great potential for cooperation,” said President Sarkissian.

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