We have very significant joint projects and programs in the energy sector to combine Armenia’s resources with the technologies available in the European Union, Prime Minister Nikol Pashinyan said during joint statements with European Council President António Costa and European Commission President Ursula von der Leyen.
“Here too, by the way, historic changes have taken place for Armenia. Historically, Armenia has been considered a country with limited energy resources-essentially lacking its own energy resources-and was therefore classified among energy-dependent countries. But in recent times, it has become clear that Armenia has virtually unlimited energy potential, because we have regions where the number of sunny days exceeds 300 per year. This means there are unlimited opportunities for the development of solar energy in our country.
What we lack are energy storage facilities, and I thank our EU partners for their willingness to support the development of such facilities in Armenia,” he said.
According to Pashinyan, discussions are also underway on developing other storage technologies based on storing water during the day and using it at night. In this context, Armenia is also working with the EU to develop green hydrogen production technologies, as well as other potential areas.
“Strategically, we are confident that with the right architecture, Armenia can not only become energy self-sufficient but also further expand its energy export potential,” he added.