Masdar inks MoU to develop 300 MW of solar in Armenia

The Armenian solar market has been somewhat slow to take off, but it could be experiencing a serious push, following an announcement that Abu Dhabi-based energy company Masdar plans to deploy 500 MW of solar and wind capacity in the country.The Armenian National Interest Fund (ANIF) has signed a memorandum of understanding (MoU) with energy giant Abu Dhabi Future Energy Company, better known as Masdar. The MoU sets out for a collective effort to deploy 500 MW of renewable energy capacity in the sun-basked country. Mohamed Jameel Al Ramahi, CEO of Masdar, signed the preliminary agreement with David ...

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