Energy is one of the sectors in Armenia, seeing notable transformations in the last 20 years. As the country has no confirmed oil or natural gas resources, now the energy policy is focused on developing native energy sources, mainly renewables. According to the International Energy Agency,. Using the potential of renewable energy is essential for Armenia. It unlocks benefits for the economy, businesses, the environment, and consumers. The Strategic Program for the Development of the Energy Sector of the Republic of Armenia (until. Prices of solar power plants vary depending on their type, volume of energy consumption, capacity, and other factors. Before making a choice among different possibilities, it's better to research the market and use consultation services. Armenia's significant potential for the growth of the solar energy sector and the development of technologies has been attracting a large. The current largest solar power plant is located in the village of Tsapatagh near lake Sevan commissioned by the Tufenkian Foundation and built by the Optimum Energy Company in 2021. The station is the first in the region that uses a solar tracking system.