Government, private sector facilitate hydro energy development in ArmeniaJanuary 25, 2011 - 11:46 AMT PanARMENIAN.Net - The outcomes of the program on training of young specialists in the energy sector were summarized in Yerevan on January 25, 2011. The innovative 4 month training program was launched Norsk Energi (NE) on September 7, 2010, with a purpose to provide multi-stakeholder benefits within the small hydropower sector in Armenia, working in close partnership with local Partner Hydroenergetica. The program is financed by the Norwegian Ministry of Foreign Affairs to develop and execute a technical capacity-building program for the small hydropower sector. It is supported by Ameriabank, as well as by the RA Ministry of Energy, Ministry of Environment, GAF-RE-KfW and Yerevan State University of Architecture and Construction. “The program reveals the investment potential. Young specialist have prepared business plans for reconstruction and building of 6 hydropower plants. Armenia is interested in processing pure energy and attaches importance to ecological issues,” Project Head Eun Joo Yi said. For his part, director of the German-Armenian Fund Gevorg Tumanyan said that development of hydro energy is one of the government’s priorities. He also informed that the Fund will continue financing renewable energy projects in the republic. 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 | Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. |