ArmInfo. The development of renewable energy sources, increased energy efficiency, and energy conservation are key areas of Armenia's energy policy. This was stated by Narek Apitonyan, Deputy Minister of Territorial Administration and Infrastructure of Armenia, speaking at the 7th plenary session of the Regional Committee for Europe and Other Countries of the International Solar Alliance (ISA), which took place in Brussels.
According to him, the country continues to improve its regulatory framework and investment climate to maximize the potential of renewable energy.
According to the press service of the Ministry of Territorial Administration and Infrastructure, Armenia confirmed its readiness to further deepen cooperation within the ISA and actively participate in the alliance's initiatives aimed at strengthening regional energy security, sustainable development, and innovation.
According to the source, during the meeting, Apitonyan delivered a report emphasizing the ISA's important role in strengthening regional cooperation, promoting solar and renewable energy, and sharing experience and knowledge among the organization's member states. The deputy minister presented Armenia's latest achievements in the energy sector.
As a reminder, the Armenian government planned to increase the share of solar energy in the country's energy mix from 0.3% to 15% by 2030, but it has already become clear that this target will be exceeded. The country has significant solar energy potential: the average annual solar energy flux per square meter of horizontal surface is 1,720 kWh/m2, and a quarter of the country's territory has solar energy resources with an intensity of at least 1,850 kWh/m2 per year. However, the lack of storage plants is hindering the development of this segment of the country's energy sector.
It is worth noting that the International Solar Alliance (ISA) is an international intergovernmental organization created at the initiative of India and France during the UN Climate Change Conference (COP21) in Paris in 2015. Its activities are aimed at expanding the use of solar energy, improving national energy security, and promoting the global transition to clean energy sources.
ISA is headquartered in Gurugram, Haryana, India. The organization is implementing the Towards 1000 strategy, which calls for mobilizing $1 trillion in investment in solar energy by 2030, providing access to clean energy for 1 billion people and creating 1,000 GW of new solar capacity.
