HomeNewsMasdar wins tender for 200 MW solar power project in Armenia

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Masdar wins tender for 200 MW solar power project in Armenia

7/6/2021

Press Release - Masdar The Government of Armenia has officially selected Masdar, one of the world’s leading renewable energy companies, as the winning bidder for the tender for a utility-scale solar project. The Armenian Government had implemented an international tender following Masdar’s initial offer of $0,0299/kWh in December 2019. After a competitive process, Masdar submitted a final price of $0,0290/kWh.The 200-megawatt (MW) plant will be located in the Talin and Dashtadem communities of Armenia, in an area where solar radiation is both high and land is unusable for agricultural purposes.The project will be developed on a design, finance, build, own, and operate (DFBOO) basis and the

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