Artur Alaverdyan, the founder of Solaron, the first and only solar panel manufacturer in Armenia, Chairman of the Board of Trustees of FAST Foundation, claims that any business is risk, if there was no risk, then it wouldn’t be considered a business. When creating SolarOn, he said in an interview with “Ankakh”, the main goal were to bring technological progress and energy revolution to Armenia, to develop this sphere in Armenia, as well as educate and inform people and solve their problems and improve the quality of life. Solar panels in Armenia began to be manufactured by SolarOn in spring 2017. According to Arthur Alaverdyan’s observation, the main production capacities of such technologies are currently in China, South Korea, Taiwan, and there are no big players in Europe, all of them are mainly local players, so also sees serious opportunities to become SolarOn as a regional leader. “In our vision we have a dream that Armenia will become an energy independent country by 2030, not dependent on hydrocarbon resources, oil and gas. Today, about one-third of the total electricity demand in Armenia is provided by HPSs, the other one third by NPP, the rest is produced from gas. Our understanding is that it is possible to reduce the share of the nuclear power plant to 5-10 percent, the HPSs continue to remain the same and the rest can be satisfied with renewable energy resources, based on solar energy. And it requires a lot of work. But the important was to start…

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Source: here.