First factory producing solar panels opened

First solar panel producing factory officially opened in Armenia. Solaron’s productivity is 10 mW yearly. The initial investment is 2 million dollars. The company presented to the Prime Minister the current programs and the prospective of development. The enterprise will first supply solar panels to the internal market, then will export to the region and other countries. The mini solar station of 1.5kW power, which will produce about 200kWh electrical energy in a month, will cost from 1500-1700 USD. The installed panels are predominantly in Shirak, Yerevan and Kotayk at the moment. The government has exempted Profpanel from customs fee for the import of technological equipment, raw material and materials.