Wednesday, November 10 2021 11:32
Alexandr Avanesov

Spanish ACCIONA intends to invest over 250 million euros in  construction of wind farms in Armenia 

 Spanish ACCIONA intends to invest over 250 million euros in  construction of wind farms in Armenia 

ArmInfo. Governor of Gegharkunik Region Karen Sargsyan received Miguel Arraras, ACCIONA Energy Development Director for the MENA region and Sara Larraz, Business Development Manager of the same company in Europe.

This is reported by the regional administration. The purpose of the meeting was to discuss with the governor issues related to the operation of wind farms being built in  the region as part of a public-private partnership, to obtain the  necessary recommendations from the governor in this direction.

 

After active bilateral discussions, Governor of Gegharkunik Karen  Sargsyan noted that the program is very attractive for the region.  Within the limits of his powers, he expressed his readiness to assist  in the implementation of the project.

Earlier, representative of the Spanish Acciona company, Miguel  Arraras, informed of the intentions of the company not only to  participate in the upcoming tender, but also to invest 200 million  euros in the construction of solar stations in Armenia. According to  him, the company intends not only to take part in the tender for the  construction of a 50- megawatt solar power station in the Masrik  area, but also to build photovoltaic facilities of 150 megawatts. But  for this, continued Miguel Arraras, the state guarantees in the  return of the invested funds are necessary. "We want to come to  Armenia for a long time, at least for 25 years, and we must be  confident in protecting our investments," the company representative  said, adding that in addition to solar generation, the company  project to build a wind station in the Lake Sevan region.  The  Spanish Acciona company - the world leader among the enterprises of  the sector of electricity production with the help of renewable  sources - invests in the current year in the construction of "energy  parks" from 600 to 700 million euros. The company's management  expects to invest in the same amount annually in the projects of  "alternative electricity" until 2020. The total volume of the  proposed investments for this period is 3.5 billion euros, 2 billion  of which will be invested in the company's facilities built outside  of Spain. According to the National Statistical Service of Armenia,  the foreign trade turnover between Armenia and the UAE in 2016 was $  119.3 million, having increased by 2.3-fold in the annual section. In  particular, exports increased by 7-fold to $ 63.8 million, while  imports increased by 27.4% to $ 55.5 million.