Technical Assistance

Technical support by the GAF-RE team

To facilitate and speed up investments in Renewable Energy Projects, the GAF-RE team provides technical assistance and advice to applying companies. This is financed by a grant from the German government within the scope of German financial cooperation with Armenia administered by KfW and is available free of charge for eligible projects. The primary goals of the technical assistance include:

• an eligibility check of each project for which an application is submitted
• support for the private investor
• project evaluation so that GAF-RE can decide on loan disbursement.

Support for the private investor includes:

• Individual feedback on gaps and deficiencies in the loan application and how to improve it to be fit for loan approval, including ESHS matters;
• Training course offers for Design preparation, EPC Tendering and PV Construction lessons learned;
• Technology-specific workshops and a workshop customized to small-scale PV and Solar Thermal investors;
• Project-specific Technical and Financial Assessment Report including an Environmental and Social Action Plan (ESAP) will be issued when the project is fit for loan approval and provides the investor the valuable feedback that Project meets best practice planning standards;
• Contract Supervision incl. disbursement approval gives the investors an additional layer of budget control;
• Supervision of works to make sure the Project meets good industry standards engineering and construction wise;
• Implementation of ESHS to make sure the Project meets international best practice in terms of environmental, social, health and safety aspects;
• Monitoring during Defect Notification period ensuring best practices during the critical first year of operation;
• The GAF-RE Program presents a unique opportunity for private Armenian companies and developers to obtain this free technical assistance to achieve financing and launching of their projects. If you wish to apply for GAF-RE financing, click here.