aiming to invest heavy in the segment of renewable energy, as that arises from the geopolitical situation in the region, where Armenia has tenuous relations with some competitive (due to distance) oil-reach suppliers of the region. Thus, besides the investment in the sector by the state - e.g. providing finance for solar energy utilization for rural areas, Armenia also prepared a suitable legislative base to help attract foreign investments of capital - e.g. the guarantee by the state to buy at least for 15 years the surplus energy that will be produced by the solar plants. The country is aiming to developing its economy sustainably, through increase in the technological potential and productivity. China China is leading the world in solar PV generation, with the total installed capacity exceeding 200 GW by the end of 2019. Since overtaking Germany in 2015, China has been #1 in the world in solar power. China is the world's largest market for both photovoltaics and solar thermal energy. and in the last few years, more than half of the total PV additions came from the country. Solar power in the People's Republic of China is one of the biggest industries and the subsidies by the government have helped in bringing down the cost of solar power, not only in China, but the whole world. China also leads the world in solar water heating with 290 GWth in operation at the end of 2014, accounting for about 70% of the total world capacity. China's goal is to reach 1,300 GW of Solar Capacity by 2050. Georgia India India has the world's third fastest expanding solar power program (next only to China & USA). In the year 2017 alone India added a record 9,255 MW of solar power with another 9,627 MW of solar projects under development. India launched its National Solar Mission in 2010 under the National Action Plan on Climate Change, with plans to generate 20 GW by 2022. This target has been achieved four years ahead of its deadline with India surpassing 20 GW of installed solar capacity in January 2018. In January 2015, Indian Prime Minister Narendra Modi announced an initiative to increase the solar capacity to 100 GW and total renewable power capacity to 175 gigawatts (GW) by 2022. This target is ambitious considering the worldwide installed solar capacity at that time was 177 GW, out of which only 2.5 GW