The SOS Children's Village Idjevan charity foundation will be using soon a "green" source of solar energy as part of a project implemented by ACBA-CREDIT AGRICOLE BANK and Hayastan All-Armenian Fund.
The installation of 14 solar water heaters with a capacity of 500 liters has already started.
Thanks to the use of alternative energy sources the SOS Children's Village in Idjevan will not only reduce water heating costs by 100%, but will also significantly reduce emissions of carbon dioxide.
The project’s funding comes from the funds generated by Visa Benefactor banking cards and from the cooperation between the ACBA-CREDIT AGRICOLE BANK and the Hayastan All-Armenian Fund.
The installation of the solar water heating system is being carried out as part of the first phase of the project to be followed by the construction of the photovoltaic station.
ACBA-CREDIT AGRICOLE BANK transfers part of the funds from the Visa Benefactor cards to the Hayastan All-Armenian Fund. Thanks to the raised money, large-scale charity projects are regularly implemented.