Team Group of Companies has launched a new strategic initiative aimed at expanding renewable energy sources, promoting environmental responsibility, and strengthening Armenia’s energy security and sustainable development. The company has constructed and commissioned a solar power station in the Gegharkunik region, with an annual production capacity of 16 million kilowatt-hours. This facility is capable of meeting the average annual electricity needs of a town with 7,000 to 10,000 residents.
The construction process involved hundreds of professionals from Team Systems and Team Construct, both members of the Group. This large-scale solar energy project demonstrates Team’s commitment to advancing green technologies and making a meaningful impact on the company, the economy, and the country’s sustainable future. According to Hayk Yesayan, Co-Founder of Team Group of Companies, the launch of this solar station is a significant step towards ensuring that the company’s services are powered by renewable energy sources.
With millions of subscribers of Team Telecom Armenia and tens of thousands of drivers using the Team Energy EV charging network, the company’s electricity consumption is continuously increasing. By launching this solar power station, Team is taking a proactive approach to reducing its reliance on non-renewable energy sources and promoting sustainable development. The company’s customers will also become active contributors to its commitment to environmental responsibility, as they will be using services powered by renewable energy.
The launch of this solar power station is a significant milestone in Team’s long-term policy of advancing green technologies and promoting sustainable development. The company’s efforts will not only benefit the environment but also contribute to Armenia’s energy security and sustainable development. By investing in renewable energy sources, Team is setting an example for other companies to follow, and demonstrating its commitment to creating a sustainable future for the country. Overall, the launch of this solar power station is a significant step towards a more sustainable and environmentally responsible future for Armenia.