The EBRD’s Green Economy Financing Facility (GEFF) is organizing an event entitled “Small-scale solar PV plants – everything you need to know”, which will be held on 6 October at 15:00 in Yerevan.

The event is organised by GEFF in Armenia and supported by Climate Investment Funds (CIF).

A PV plant is a long-term investment that provides significant and tangible benefits in the form of renewable energy. The lifetime of the PV plant is assumed to be at least 20 years, so it is important to maximise the benefit from the investment for this period. Correct installation of the panels, equipment certification standards and manufacturer guarantees can help us ensure the durability of the plant and its stable operation over time. Therefore, being knowledgeable about best practices, risks, and mistakes to avoid is crucial for maximising the potential of PV plants.

At the event, experts from the field will provide practical guidance on building solar PV plants for businesses’ own needs, quality assurance and best practices, as well as discuss industry developments and future expectations.

The participants will include potential and existing PV plant owners, PV plant suppliers and producers, representatives of financial institutions and other stakeholders of the energy efficiency/renewable energy sector.  
The two-hour event will be followed by a Q&A session and a networking opportunity.

The following topics will be covered:

-    GEFF as one of the driving forces behind the growing solar PV market in Armenia
-    Lessons learned over the years about financing solar PV plants
-    Challenges and expectations for the further development of the Armenian solar PV market
o    Market liberalisation
o    Future of net-metering
o    Quality assurance
- Examples of successful projects and mistakes to avoid.

“If you would like to attend, please register at the following link before 4 October, 18:00. Detailed information about the venue as well as the schedule will be made available upon registration,” the news release says.  

About GEFF in Armenia

In Armenia, Green Economy Financing Facility (GEFF) provides finance, advice and incentives to help businesses become more competitive by investing in high-performance technologies and adopting energy efficiency practices.

The Facility in Armenia is a product of the European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the Scaling-up Renewable Energy Program (SREP) of the Climate Investment Funds (CIF). Currently, the Facility supports Armenia’s green economy transition with US$ 37 million through participating local financial institutions.