ArmInfo.Armenia's Minister of Economy Vahan Kerodyan on Wednesday the Solara company, one of Armenia's leading solar energetics companies.
Accompanied by Founder CEO Hayk Petrosyan, Mr Kerobyan was shown round the production facilities and was informed of the company's investment programmes.
The company exports its products to the U.S., Uzbekistan and other countries.
The company was founded in 2019 and is now one of the industry leaders. The company's progress is thanks to the extensive experience of USA-based La Solar Group. The Solara company is La Solar Group's strategic partner in Armenia.
Last May, Armenia's government approved the Solara company's application for an investment project. The company purchased 23sq meters of land to construct a plant for the production of aluminum profiles "CONSTAL" in Kotayk, Armenia. The company specializes in producing aluminum frames and parts for solar panels.
The investments in the plant totaled $15mln, with 200 jobs created.
