Armenia Renewable Resources and Energy Efficiency Fund started its operation since November 2005. It implements grant and credit projects targeted at the development of Energy Efficiency and Renewable Energy sectors in Armenia.
 
 

Renewable Energy News

Armenia signed the statute of International Renewable Energy Agency.

Energy and Natural Recourses of the Republic of Armenia, Armen Movsisyan,signed the Statute of the International Renewable Energy Agency (IRENA) in the Founding Conference of IRENA, which was held on January 26 in Bonn, Germany. In his presentation HD Mr. A. Movsisyan states that “From behalf of the Government of Armenia I am glad to announce that I am intended to sign founding documents of the International Agency for Renewable Energies.Armenia plan to establish active collaboration with the Agency in favor of better, cleaner and affordable energy for our countries, for us and for our children!”
Thus, Armenia became one of the 75 Signatory States of the Conference on the Establishment of the IRENA and the first republic from South Caucasus to do so up to date (February 2009).
From behalf of the Government of the Republic of Armenia, the Minister of

IRENA Breakthrough
IRENA is reality - on 26 January 2009, 75 countries signed the statute in Bonn"
The International Renewable Energy Agency (IRENA) truly came into being on January 26, 2009 at the Founding Conference of IRENA in Bonn. More than 120 government delegations from across the world attended the conference and a total of 75 nations, a broad cross-section of developing and industrialized countries, signed the Agency’s statute. Many others expressed their strong commitment to IRENA’s goals and their intention to join in the near future. The conference was chaired by Germany's Federal Environment Minister, Sigmar Gabriel, and Federal Minister for Economic Cooperation and Development, Heidemarie Wieczorek-Zeul. As Denmark and Spain from the outset had actively supported the preparation together with Germany, the respective Ministers, Connie Hedegaard (Danish Minister for Climate and Energy) and Miguel Sebastián Gascón (Spanish Minister for Trade, Industry and Tourism) were elected Vice-Chairs.
The founding of IRENA is a milestone on the road towards a future-oriented energy supply. It is a clear sign that the global energy paradigm is changing and that more and more governments are committed to accelerating that shift.
Among the 75 founding countries are many European countries, including France, Italy and Poland, and many developing nations from Africa, such as Ghana, Nigeria and Uganda, from Asia, like the Republic of Corea and the Philippines, and from Latin America, including Guatemala, Chile and Argentina as well as Armenia - the only republic from South Caucasus (download the list of Signatory States here >>>).
Keeping up the great momentum that had been generated, the Agency began its work only one day after the Founding Conference, on January 27, 2009. At the first session of the Preparatory Commission the Signatories adopted criteria and procedures for selecting IRENA’s interim Director-General and its interim headquarters and invited the members to put forward candidatures by 30th April 2009. They also created the institutional framework that will allow IRENA to embark on first elements of its working program. The Preparatory Commission welcomed the invitation of Egypt to host the next session, planed for June 2009, where decisions will be taken on the Agency’s interim Director-General and interim headquarters.
The aim of the new Agency is to work throughout the world to close the gap that exists between the enormous potential of renewables and their current relatively low market share in energy consumption. IRENA is the first international organization to focus exclusively on the issue of renewable energies, addressing both the industrialized and the developing world. The main work of IRENA will be to advise its members on creating the right frameworks, building capacity, and improving financing and the transfer of technology and know-how for renewable energies. IRENA seeks to cooperate closely with other international organizations and institutions active in the field of renewable energy.
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