YEREVAN, JANUARY 23, ARMENPRESS. The “Energy Week-2017” events and exhibition is scheduled to take place January 25-27 in Yerevan, Armenia.

The events aim at presenting the latest developments in Armenia in energy efficiency and renewable energy, existing problems, investment opportunities and perspective projects.

Tamara Babayan, director of the Armenian renewable energy and energy efficiency foundation told a press conference in ARMENPRESS that the “Energy Week” is a traditional event.

“We will present the progress in energy efficiency and renewable energy. On the other hand, we will raise the issues in order to find solutions by joint efforts. We organize this event when we have something to say, and this time we have lots to say”, Babayan said.

According to her, there is interest among companies engaged in the energy sector. Babayan says if 4 years ago it was difficult to find participating companies, now several companies have been refused because there were so many willing to take part and there was a limitation in terms of number.

Hayk Harutyunyan, deputy minister of energy infrastructures and natural resources said a key event of the Energy Week is the investment forum on solar energy.

“An investment package regarding solar energy will be presented at the forum. As you know, the development of this field is a priority for us. Armenia is an exceptionally good country in terms of solar technologies. Several factors allow us to assume, that it is possible to seriously develop solar battery technologies”, Harutyunyan said.

Harutyunyan mentioned they have separated the solar energy development into three levels. First, the micro-station level, when citizens can install solar panels, produce energy and sell the surplus to the electricity networks. Taxes and license permits have been lifted off this process. The next level is solar stations of 1MW power, and the third – 50 MW.

Investors will be presented with the construction opportunities of the first solar energy station in the Masrik-1 area in Gegharkunik province. The station’s power is planned to be 55 MW.

Foreign investors from France, Germany, Spain, Italy, Netherlands, Switzerland, USA and the UAE are taking part in the forum.