Armenia has biggest potential in Caucasian region for development of mini hydro power plantsJune 9, 2010 - 18:56 AMT PanARMENIAN.Net - Thomas Lubeck, the International Financial Corporation (IFC) Regional Head, Caucasus, said that Armenia has the biggest potential in the Caucasian region for the development of hydropower plants. It is important to have renewable energy sources inside the country, as currently Armenia is importing 2/3 of energy sources, Lubeck told journalists in Jermuk town, Vayots Dzor region of Armenia. According to him, hydropower plants are also advantageous, as carbon dioxide is not emitted. “Hopefully, carbon dioxide emissions will reduce by 30t in Armenia upon completion of the program on construction of mini hydro power plants,” said Lubeck. For his part, head of the Program on Financing of Stable Energy of Armenia Tigran Parvanyan said that today there is a great potential of primary energy. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia. Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements. Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of Armenia Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |