YEREVAN. – The Armenian government has been leading the efforts in diversifying the nation’s energy sector into renewables and of boosting energy efficiency programs.
U.S. Ambassador Richard Mills on Wednesday noted the above-said during the day-long conference—in capital city Yerevan—on the prospects for the development of renewable energy in Armenia.
The event was organized by the U.S. Embassy in Yerevan, in partnership with the Ministry of Energy and Natural Resources of Armenia and the firm Contour Global. It brought together representatives from some of the top U.S. renewable energy companies to meet with 70 Armenian businesses to discuss how they can best partner.
“As many of you know, this year we are marking 25 years of U.S.-Armenian relations. Twenty five years ago, I remember well working on the issues of the newly-independent Armenia at the State Department in Washington, D.C. Those of you old enough remember well that in those early years of independence, Armenia’s energy situation was shaky. Outages were the norm. Trees were clear-cut to provide heat. It was a time of true crisis,” he said. “But Armenia did not surrender to the darkness and scarcity. Instead, with the support of friends and partners like the U.S., Armenia developed into a nation that is able to meet its needs, and in fact able to export its excess electricity.”
He highlighted the valuable work done by the Armenian government to encourage energy diversification and clean energy production, including a Solar Cell Investor Conference it organized in January. And he mentioned how the U.S. has partnered with the Armenian government, describing an exchange trip organized last month for Armenian officials and private sector representatives to visit experts in the U.S. to gain best practices for solar power energy production.
Seven U.S. companies – Honeywell Building Solutions, Honeywell Smart Energy, MacLean Power Systems, First Solar Power Solutions, Caterpillar, General Electric and Contour Global – sent representatives to the conference to share their experiences and to learn about business opportunities in Armenia. The one-day program also featured presentations by International Finance Corporation (IFC), German Development Bank KfW, Ameria Bank, Switzerland-based Meeco Group, and Armenian government officials.
“The Armenian government has been leading the efforts in diversifying the nation’s energy sector into renewables and of boosting energy efficiency programs. They have put into place mechanisms and programs enabling the growth of Armenia’s renewable and solar cell energy sectors,” Ambassador Mills said. “And as we have for the past 25 years, the U.S. government will continue to be a partner with Armenia.”