In recent years, Armenia has experienced a sharp increase in the installation of solar power plants, the Public Services Regulatory Commission (PSRC) chief said on Thursday.

“According to the sector development strategy up to 2040, by 2030 we were expected to have solar power plants with a total capacity of 1,000 megawatts in the country. However, by the end of 2025, the existing capacity had already exceeded this target,” Mesrop Mesropyan, Chairman of the PSRC, said during the Cabinet meeting.

“As of March 1 of this year, the total capacity of solar power plants reached 1,141 megawatts, of which 479 megawatts are industrial-scale, and 662 megawatts are autonomous rooftop installations,” Mesropyan added, noting that an additional 170 megawatts of solar power plants will be constructed soon under previously issued licenses.