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Lake Arpi – leading the technological revolution in the “new Armenia”

October 17, 2018
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Conservation Finance, In The Field
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Posted by Marion Dumitraskovic

With the financial support of the Caucasus Nature Fund, Shtigen LLC recently installed two new solar energy systems on the rooftop of Lake Arpi National Park’s Administration building.

Based on estimates, one system will generate 32-34 Megawatts of electricity annually, saving nearly $3,000 per year. In comparison with other types of power systems (hydroelectric, nuclear) use of this system will reduce carbon emissions by approximately 15 tons annually. The photovoltaic system is also connected to the electrical network of Armenia, and according to the Net Metering agreement, Lake Arpi will be able to transfer any surplus electricity to the electrical grid for storage, and then will be able to access and use it in poor weather conditions.

Additionally, a 300 liter solar water heater was installed that will not only save approximately $800 every year (previously, electric boilers were used to heat water) but will also reduce carbon emissions by 1.5 tons per year.

By choosing sustainable and renewble energy solutions, Lake Arpi has shown its leadership and demonstrated in action the simple and practical ways to simultaneously improve efficiency, reduce costs, and promote environmental protection.

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Lake Arpi – leading the technological revolution in the “new Armenia” - Caucasus Nature Fund
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