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| Development Banks Involved in Hydropower Projects | The involvement of multi-national banking institutions is critical to the completion and modernization of hydroelectric projects, particularly in the developing world. This article details nearly US$16 billion in funding recently awarded for work at more than 50 projects.
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| OSCE Supports Small Hydro in Armenia | The OSCE Office inYerevan, together with the Armenian Ministry of Territorial Administration, will co-chair a working group under the project, which envisages to assess environmental and social impact of SHPs, help train the sector representatives, and develop a sample project. | |
| Solar - South-East European Solar Exhibition | SEE Solar - South-East European Solar Exhibition
Date: 28-30 March 2012 Venue: Inter Expo Center, Sofia Organizer: Via Expo Profile: Solar Systems and Technologies
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| UN House in Armenia to Use Solar Energy | Today we make a small but important step – we are announcing that from now on the UN House in Armenia will operate on solar power from the panels located on its roof. Solar power is environmentally-friendly and ecologically clean, and we hope that our example will encourage others to follow. This project will contribute to reducing UN carbon footprint and promote green economy,” said Dafina Gercheva, UN Resident Coordinator/UNDP Resident Representative in Armenia. | |
| Norsk Energy to Develop Hydro in Armenia | Multiple steps will be taken to aid the development of hydropower in Armenia. | |
| Armenia Proposes to Raise "Small" Hydro from 10MW to 30MW | Armenia's Public Services Regulatory Commission (PSRC) is reveiwing a proposal to define the maximum capacity of small HPPs to 30 megawatt.
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| Armenia Approves Strategic Plan for Hydropower Development | The program is aimed at the regulation of the construction process of hydropower plants (HPP) for development of Armenian renewable energy resources, a technical study of existing HPPs with the goal of increasing their efficiency, as well as promotion of hydropower resources in the context of energy security in Armenia. It is expected that additional energy capacities of 450 megawatts will be created.
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| RusHydro/IEC Receives PSRC Approval for Hydro Investment | The Armenian Public Services Regulatory Commission (PSRC) has approved today the investment program of the International Energy Corporation (IEC) that owns and operates a chain of hydropower plants known as Sevan-Hrazdan Cascade. | |
| Kotayk Region HPPs Planned | - Five minor HPPs with automated systems will be installed in Kotayk region of Armenia. | |
| Nagorno Karabakh Wood Fuel | Prime Minister of Armenia Tigran Sargsyan visited briquet department of Askeran’s Avetaranots village wood-processing plant on August 1, 2011. | |
| Armenia Looking to Develop Geothermal | Armenia plans to construct new geothermal power plants, the Director of the Fund for Renewble Energy of Armenia Tamara Babayan as reported by News.am. Further, Arka reports that she said the locations for future geothermal power plants in Armenia will be determined by the end of 2011. | |
| NIB Opens Environmental Loan Facility for Black Sea Countries | The Nordic Investment Bank (NIB) and the Black Sea Trade and Development Bank (BSTDB) have concluded a new agreement opening a loan facility aimed at reducing greenhouse gas emissions in the BSTDB's member countries.
The new loan programme has a 10-year maturity and totals EUR 30 million. At least 70% of the loan programme is to be allocated for this purpose of reducing the emissions of greenhouse gases in countries around the Black Sea. Sub-projects are expected to be implemented in the sectors of renewable energy, energy efficiency and energy saving as well as public transportation. The BSTDB is an international financial institution of Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey and Ukraine. | |
| Cost of Armenian Border Hydro Rises | The construction of a hydro-electric power plant on the border River of Arax separating Armenia from Iran was a subject of negotiations between Iranian and Armenian energy ministers Majid Namjoo and Armen Movsisyan. According to the plan, an 180-megawatt power plant will be built in Iran and another 180-megawatt power plant will be built in Armenia. Accordingly, a consortium comprised of Iranian companies is established to pursue construction of the power plant in Armenia at the cost of some 450-500 million dollars, according to Iranian minister. | |
| IFC Plans Increase in Armenian Renewable Resources | IFC, a member of the World Bank Group, and the Ministry of Energy and Natural Resources of Armenia signed a cooperation agreement today to increase the efficiency of Armenia’s energy system by introducing new renewable energy sources. | |
| IFC Projects Armenian Renewable Energy Growth | The International Financial Corporation (IFC) expects 120 GWh/year increase in renewable energy generation through client investments by 2015. | |