Ameriabank and the GEFF in Armenia jointly held the Solar Summit 2019 event at the Marriott Hotel Yerevan on May 14, 2019. The purpose of the conference was to introduce the benefits of using solar energy, present associated new trends, promote effective financial schemes and tools, and share expertise on the implementation of solar investment projects to the business segment.
In addition to Ameriabank’s presentation of its green finance products and vision of the future for renewable energy investments, the GEFF’s PFI Relationship Manager, Mikhayil Gevorgyan, discussed the importance of transitioning to a green economy, promoting related investments in high-performance technologies and adapting green finance practices. In addition, Vardan Khachatryan, the GEFF’s technical expert, presented the peculiarities of solar investments for the local market.
The conference ended with a highly productive panel discussion about the particularities of the Armenian market, the most frequently arising difficulties with respect to solar investments, the regulatory framework and expectations for future growth, with the participation of several experts: the Deputy Minister of Energy and Natural Resources of Armenia, Hakob Vardanyan, the Ameriabank’s Head of Leasing, Zaruhi Bostanjyan, Vardan Khachatryan from the GEFF in Armenia and Hayk Shekyan, CEO of Shtigen – Solar Solutions. The topics were received with great interest not only by the participants in the discussion, who provided answers to practical questions, but also by television journalists and the press.
The GEFF in Armenia’s Deputy Project Manager, Andro Butkhuzi, granted a television interview, answering questions about the cooperation with Ameriabank, other project activities and the further development of green finance practices in Armenia, and also outlined his positive expectations with regard to the further growth of renewable energy investments in Armenia.
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