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Shtigen Blog

Stories and articles about our latest projects, announcements and updates

Case Studies

The Sun by Shtigen Will Shine in Aghberk As Well

Last year, the village of Aghberk, one of the loveliest sites in Armenia, stretching on the coast of the Sevan, our blue-eyed beauty, chose to join Shtigen’s solar family. The bucolic locality is situated 2150 m above sea level and surrounded by mountains.

August 9, 2023
Northern Star Hotel in Byurakan Will Receive Electricity From the Sun from now on

Aragatsotn marz was equipped with another solar plant, this time with a capacity of 30.52 kW, which will save 2.3 million drams annually. It was installed in just two weeks and is built with 545 W Longi Solar panels.

August 23, 2022
The Biggest Rooftop PV in Armenia

A few days ago, the opening ceremony of the largest rooftop photovoltaic station in Armenia took place. The solar stations belonging to the “Elite Shant” Group of Companies have a total photovoltaic capacity of about 1.3 MW, which makes them the largest rooftop PV installation in Armenia, located in the same geolocation. Total area of […]

April 13, 2022
“Bjni & Noy” Mineral Water Plant has Gone Solar

The station annually produces electricity equivalent to 𝟒𝟎 million AMD. 𝟓𝟓𝟗,𝟕 kW photovoltaic (DC) power and 500 kW inverter (AC) power was installed.

September 24, 2021

News and Announcements

Shtigen Corporate Academy: Education is the Foundation of Success

“Science and education are necessary for us to become more humane and have a broader perspective on people and the world.” Hovhannes Toumanian Shtigen Group believes that education is the foundation of all success, so it develops and implements educational initiatives to raise awareness of cutting-edge energy technology and train specialist professionals. Striving above all […]

January 29, 2024
Awesome Sunrise: a new initiative aims to encourage Armenians to embrace alternative energy sources

Shtigen Group’s “Sunrise” project and Awesome Nature Armenia environmental initiative are launching a joint program to promote alternative energy solutions in Armenia.

January 15, 2024
“We shouldn’t destroy our home, we should build it.” Hayk Shekyan discusses the link between business and the state in times of crisis, Armenia’s energy prospects, and what happened to Artsakh

“Artsakh experienced a management crisis as a result of a weakened immune system. Many people believe that Artsakh was surrendered in a single day, but in reality, there was a very serious struggle, and people eventually realized that they had no opportunities, and they were exhausted… there was a heroic struggle, and this nation is […]

December 7, 2023
KSTAR has created lithium-titanate batteries

K S T A R committed to making advanced energy solutions accessible to all, announced the launch of the first lithium- titanate battery (L T O). The batteries have the following advantages: ·     The battery life is the longest, up to 16 000 times working cycle (cell cycles), which corresponds to the usual life cycle […]

October 20, 2023
Shtigen Group has been named the Gold Sponsor of an international conference

Shtigen Group was the Gold Sponsor of the Energy Week Central Asia and Mongolia 2023 conference held in Astana on September 19-20. Representatives from the world’s top energy companies, major financial institutions, consulting firms, as well as governments from Central Asian countries, diplomats, investors, and businessmen, attended this large-scale event. Participants discussed the growth of […]

October 3, 2023
Our Top Priority: The Homeland, Our Mission: Creating Values: Shtigen Group, “Sustainable Partner” of the Sevan Startup Summit

Around 470 participants, 120 teams from Armenia, and nearly 25 countries from around the world settled into tents for 7 days of enhanced educational programs and recreational activities. The shore of Lake Sevan once again became the place for rendezvous for startups, technology peers and investors. The Sevan Startup Summit, with Shtigen Group as Sustainable Partner, served as the occasion for these diverse groups to come together.

August 4, 2023