On the eve of the great Armenian poet Hovhannes Tumanyan’s birthday, a ceremony was held to announce the commissioning launch of the solar photovoltaic power station of the famous poet's museum.
“HSBC Bank Armenia” CJSC (hereafter "HSBC Armenia") has provided financial support to the "Armenian Energy Agency" Foundation to install the photovoltaic power station at the Tumanyan museum. HSBC Armenia’s funding initiative was created last year as part of its 25th-anniversary celebrations, with the aim to show its commitment to the city where it has been operating since its beginning. The initiative is in line with HSBC Armenia's strategy of creating sustainable value and is part of the "Solar Energy for Cultural Heritage" project, the premier beneficiary of this initiative.
As per the project, a 20.08 kW photovoltaic power station was installed on the roof of the H. Tumanyan museum, as a result of which the museum will henceforth save all the annual funds intended for electricity costs, directing them for the benefit of other fundamental needs. By the decision of the project’s stakeholders, another long-term project will be implemented with the saved funds, e-digitization of Hovhannes Tumanyan's personal library, and creation of an electronic library.
It is worth noting that towards the end of the year, the "Armenian Energy Agency" Foundation launched the "Solar Energy for Cultural Heritage" initiative, which aims to preserve cultural heritage, reduce energy costs and use the savings to solve other issues. This, in turn, will contribute to sustainable development and investment in the field of climate change.

We would like to extend gratitude to "Electric Networks of Armenia" CJSC for enabling the implementation of the project, and the "Optimum Energy" company for the construction of the photovoltaic power station.