JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, announced that it supplied polycrystalline photovoltaic panels to the first solar power plant in Armenia. The opening ceremony took place earlier in November in the city of Talin. Due to its scale, this project is of significant importance to the Armenian solar, ecology, and economic development sectors.
The opening ceremony was well-attended by various leaders in Armenia, including, but not limited to, Prime Minister Mr. Karen Karapetyan, Minister of Territorial Administration and Development Mr. Davit Loqyan, Deputy Minister of Energy Infrastructures and Natural Resources Mr. Hayk Harutyunyan, Deputy Ambassador of German Federal Republic to Armenia Mr. Klaus Wendelberger, and General Secretary of the Energy Charter Secretariat Mr. Urban Rusnák.
Approximately 3700 JinkoSolar's high efficiency polycrystalline photovoltaic panels were installed in this 1MW solar power plant and will operate there throughout the 25 year product lifespan. Arpi Solar, which designed the project and implemented the construction, cooperated with its leading international partners such as JinkoSolar, Staubli, Enerparc, Sungrow, which guarantees long-term and productive revenues for the next 25 years.
"Talin-1 is at the moment the largest solar power plant in Armenia and can cover the energy demands of almost 400 families. With this we launch a procession of massive solar power plants in Armenia." the General Director of Arpi Solar company Mr. Hayk Chobanyan said, "We will start working on another larger power plant of 55 MW capacity in Masrik (Gegharkunik region) very soon. Such interest in solar energy can significantly improve the Armenian energy sector."
"Talin-1 sets new standards in solar energy sphere in Armenia," Deputy Minister of Energy Infrastructures and Natural Resources Mr. Harutyunyan mentioned, "The engineering activities were delivered in 20 days, which is a very short period for implementation of such initiatives according to international standards and which also proves the competence of the project construction company."
Arda Kristaporyan, Country Manager for JinkoSolar, commented, "We're pleased to have contributed to the realization of this milestone project for Armenia. Our Eagle solar panels have already been successfully implemented in large-scale projects all over the world and they will secure the highest energy yields in the years to come. We will keep working closely with Arpi Solarto fulfill our shared target of creating a solar future in Armenia."
Artun Istepan Sabciyan, Divison Manager for Staubli Electrical Connector Systems (formerly Multi-Contact) Turkey, commented: "We are happy to share the honor of being able to contribute to this project and working closely together with Arpi Solar. This will be a milestone in Armenia reflecting the power of the sun. Our original MC4 connectors and DC solar cables have already been successfully implemented in 1MW Talin project. We will uphold a strong partnership with Arpi Solar to fulfill the roadmap and to advance Armenia's photovoltaic industry.''
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