Stories and articles about our latest projects, announcements and updates
At the Platinum Stone factory operating in Yerevan, stones are cut by machines that run continuously. This is a highly energy-intensive process, as high-power equipment operates for hours with almost no interruption. To ensure proper 24/7 operation of the factory and significantly reduce electricity costs, the factory management turned to us for a solution. In […]
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 […]
Noyemberyan State College is on track to become energy-independent thanks to the collaboration of Shtigen Group and Telcell Company. A 26.4 kW solar plant and a 300-liter solar water heater will cover the institution’s energy requirements for many years to come. The project will also provide the college with instructional solar water heaters, didactic […]
The winners of the contest, announced by Shtigen Group in collaboration with the Awesome Nature Armenia environmental initiative, have been revealed. The creators of the “Sun Collector” and “Solar Stop” projects were awarded grants of AMD 300,000 each to bring their ideas to life. The “Sun Collector” project, set to be implemented in Jermuk, involves […]
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 […]
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 […]
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.
Hundreds of participants from Armenia and the diaspora came together in Dubai, thanks to Repat Armenia’s efforts, to highlight impactful initiatives for Armenia’s development and discover new avenues for collaboration.
With over 600 speakers and 1,150 companies from more than 30 countries, Barcelona recently hosted discussions on the latest trends and future of e-mobility. Among the attendees of this large-scale gathering was Andron’s Director, Artyom Petrosyan. The congress addressed key issues in the sector, including: Growth and integration of solar energy in the mobility sector […]
Imagine fully power-out homes, offices, and event halls… To avoid such scenarios, there is the ultimate solution: a HYBRID SOLAR POWER STATION. It is called hybrid because it operates both connected to the power grid and independently (using stored energy). Components of a Hybrid Solar Power Station: Solar Panels for energy production Hybrid Inverter for […]