EBRD, WB AND USAID TO SET UP FUND FOR PROVIDING ARMENIA WITH ALTERNATIVE ENERGY SOURCES
The European Bank for Reconstruction and Development (EBRD) will render financial assistance to Armenia for providing the country with alternative energy sources, EBRD President Jean Lemierre told journalists in Yerevan today. In his words, the matter concerns the construction of small water power plants as well as wind and solar power systems. Mr. Lemierre reported that the EBRD together with the World Bank and the US Agency for International Development will set up a joint fund for the financing of these projects.