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Armenia has already crossed the 1,000 MW solar capacity threshold

Armenia has made unprecedented progress in the field of solar energy in recent years, surpassing the 1,000 MW capacity threshold and becoming one of the leaders in the development of “green” energy in the region. However, this rapid growth has also brought new challenges that require new systemic and technological solutions.

 

April 16, 2026

The sharp increase in solar energy volumes is especially noticeable during peak hours, when electricity production exceeds consumption. As a result, the power system faces a balancing problem, forcing other power units to reduce their capacities, which not only creates technical risks but also increases the cost of production.

In this situation, energy storage becomes a key solution. Large-scale storage systems make it possible to “store” excess solar energy and use it when needed, ensuring the stability and efficiency of the system.

On this very topic, MIR 24 interviewed Karen Nersisyan, director of the AREGA brand, a member of EcoVille Holding. He emphasized that technological progress has significantly changed the opportunities in the sector:

“Over the past 10 years, the cost of lithium-ion batteries has decreased by about 10 times, making storage systems affordable and widely applicable.”

According to him, the introduction of accumulators not only solves the problem of generation imbalance, but also improves the quality of energy, making it more predictable and manageable.

The government has already begun taking steps to regulate the construction and operation of storage plants, as well as considering their mandatory installation for plants of certain capacities. According to expert estimates, Armenia needs up to 1,000 MW of storage capacity to ensure the long-term stability of the system.

Thus, Armenia is entering a new phase of energy development, where the priority is not only production, but also effective management. The future energy system is being shaped by a combination of solar and storage, creating a more sustainable, smart, and competitive energy environment.