YEREVAN, AUGUST 19, ARMENPRESS. Realizing the potential in energy sector in Armenia, French “Schneider Electric” company President on Russia and the CIS states Johan Vanderplaetse expressed a wish to take steps for investments in Armenia, reports “Armenpress”. He considers positive Armenia’s opportunities for the development of alternative energy.

“Of course, Armenia has a great potential for the development of alternative energy. In Armenia 40% of electricity is provided by the atomic energy, 30% from hydro energy, 30% through gas which is being imported from Russia and Iran. But after coming to sources of the alternative energy, this mixture will have another look, the electricity generated from solar energy will play significant role there. Armenia has also another advantage, it is a sunny country, more than 300 sunny days are being recorded here in a year. That’s why, I am confident the new technologies will help Armenia. That’s why we are here. We are ready to bring our production to Armenia, as an investor company, we will show the other companies Armenia’s potential”, he said.

He said during the visit in Armenia they held meetings not only with their partners and clients, but also they held constructive meetings with the Armenian Minister of Energy and Natural Resources and the rector of National Polytechnic University of Armenia. Johan Vanderplaetse considers important the role of universities in the investment of new technologies.

“We understood that the Armenian Government is also interested since it also understands that this is a unique opportunity for Armenia. But this is important not only for Armenia, but also the region since Armenia is located in the heart of the region. We have agreed with the Armenian Ministry of Energy and Natural Resources to create a staff which will conduct detailed research on this field in order for us to be able to bring the new technologies inside Armenia”, he said.