Karensi Power

Armenia’s renewable energy developer

Karensi Power develops, owns and operates solar power plants in Armenia, with three on the grid as of August 2026. NESS storage is in development, alongside energy sector consulting and investment.

Solar power plants Grid scale storage Sector consulting
Explore NESSView solar plants
Operating capacity
11.6 MW
Sevan · 6.8 MW
NESS pipeline
~300 MWh storage
11.6MW
Total installed capacity
18.6GWh
Annual generation
7,610tons
CO2 saved per year
Our portfolio

Three business lines

NESSIn development

Energy Storage

NESS, a Karensi Power company, develops, structures and delivers grid scale battery storage in Armenia: about 300 MWh across three projects in development.

Visit NESS
Solar Power Plants

Solar Power Plants

Three operating plants at Lake Sevan, Hrazdan and Spitak, 11.6 MW in total, including an agrivoltaic plant with panels above farmed land.

Real Estate

Cascade Hill Apartments, a six storey residential building in Yerevan’s Cascade neighborhood. Construction is planned from 2027, completion for 2029.

3 plants
Solar power plants operating
~300 MWh
Grid scale storage in development
Since 2019
Operating in Armenia

Armenia has a midday solar surplus and a storage target of 800 MW by 2031. We develop that storage.

Talk to our teamConsulting and EPC