Heat pumps are revolutionizing traditional heating and cooling systems. At first glance, they resemble air conditioners, but they are much more advanced. Installed outdoors—either on a wall or the ground—heat pumps extract hot or cold air from the environment (air, ground, or water) and convert it to the opposite temperature, providing heating in winter and […]

March 13, 2025

Shtigen, a leader in the solar energy sector, has become the first company in the industry to issue bonds. This initiative allows investors not only to earn high returns but also to support the development of renewable energy in Armenia. The bonds were issued in the amount of 1 billion AMD with a maturity period […]

March 11, 2025

In Gegharkunik Province, Shtigen has constructed Armenia’s largest solar power plant as of 2024. The construction of “Masrik-1” lasted 11 months, continuing uninterrupted even in winter, as the Shtigen team was fully prepared to tackle any weather challenges. A total of 130 workers were involved in the construction, including locals from Mets Masrik village.

March 10, 2025