This is the only technology, which can provide the guaranteed energy production, as the other sources of energy, including solar, wind, and renewable, have a seasonal character.
In a conversation with Armenpress, the Director of Renewable Resources and Energy Efficiency Fund of Armenia Tamara Babayan stated that about USD 9 million grant was provided to Armenia by the Climate Investment Fund, which will be directed at the study of opportunities for the development of geothermal energy.
