Construction of Armenia’s Largest Solar Power Plant in Full Swing
Armenia is poised for a renewable energy revolution, with construction on its largest solar power plant, Masrik-1, now well underway in the Gegharkunik region. Spearheaded by the Shtigen Group, this ambitious project promises to reshape the country’s energy landscape and significantly reduce its carbon footprint.
Armenia’s Largest Solar Power Plant
Sprawling across 130 hectares, the Masrik-1 solar plant boasts a capacity of 62 MW. Construction began in November 2023 and has progressed steadily despite harsh winter conditions and spring rains. The Shtigen team and its crew of over 130 workers, including local residents from Metz Masrik, have shown remarkable resilience and dedication.
Once operational, Masrik-1 will generate an impressive 128,332 GWh of electricity annually—enough to power over 20,000 homes. This significant output will prevent the release of more than 54,000 tons of carbon dioxide each year, making a substantial contribution to Armenia’s environmental goals. The plant’s construction requires a staggering 114,984 solar panels, a figure that underscores the project’s massive scale.
Project Milestones and Infrastructure
One of the project’s key milestones was the successful installation of the main transformer—a pivotal step paving the way for the next phase of substation construction. This achievement showcases the technical prowess and commitment of Sinomach and CMEC, as well as the collaborative spirit of all stakeholders.
The Masrik-1 project extends beyond the power plant itself. It also encompasses the construction of a 110kV substation, a 110kV metering station, and a 10-kilometre transmission line to connect to the national grid. This comprehensive infrastructure will ensure the power generated is transmitted and utilized efficiently, maximizing the project’s impact on Armenia’s energy network.
As it progresses, the Masrik-1 project is set to play a crucial role in Armenia’s transition to renewable energy. Its success will serve as a powerful model for future initiatives, demonstrating the potential of solar power to drive economic growth, create jobs, and foster environmental stewardship.
Masdar’s Role in Armenia’s Renewable Energy Ambitions
Parallel to the Masrik-1 Armenia solar power project, the government has selected Masdar—one of the world’s leading renewable energy companies—to spearhead another significant initiative. Masdar won the tender for a 200 MW utility-scale solar project in the Talin and Dashtadem communities. Situated in areas with high solar radiation on non-arable land, the project will be developed on a design, finance, build, own, and operate (DFBOO) basis.
Masdar’s involvement represents the largest single foreign investment in green energy in the region and the second-largest foreign direct investment in Armenia’s modern history. At an expected cost of around $174 million, the project will cover 500 hectares and create numerous direct and indirect jobs. The collaboration between Masdar and the Armenian National Interest Fund CJSC (ANIF) highlights the project’s strategic importance for Armenia’s energy diversification and sustainable development.
The construction of the Masrik-1 plant and the upcoming Masdar-led project mark significant strides in Armenia’s journey toward a renewable energy future. Together, these initiatives will enhance the country’s energy capacity and showcase the power of international collaboration in achieving sustainable development goals.
International Collaboration and Standards
The construction of Masrik-1 adheres to stringent international standards, validated by both local and international experts. This commitment ensures the project will not only meet but exceed global benchmarks for quality and efficiency in renewable energy development.
The development of Masrik-1 also demonstrates successful international collaboration. Owned by FRV Fotowatio Renewable Ventures, the project brings together expertise from across the globe. Construction was contracted to China Machinery Engineering Corporation (CMEC), with the Armenian Shtigen Group overseeing execution on the ground.
