Stories and articles about our latest projects, announcements and updates
Noyemberyan State College is on track to become energy-independent thanks to the collaboration of Shtigen Group and Telcell Company. A 24.6 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 […]
On July 22-23, the shores of Lake Sevan transformed into a hub for professional discussions on the energy sector. Shtigen Group, in collaboration with the Startup Armenia Foundation, organized the “Energy Transition and Entrepreneurship Summit” (ETES) for the first time in Armenia. The summit, titled “Promotion of Innovation for a Sustainable Future,” attracted experts, representatives […]
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.
How to Achieve Energy Independence: A Step-by-Step Guide for Homes and Offices Achieving energy independence requires a thoughtful combination of devices that utilize renewable resources and optimize energy efficiency. Here’s a step-by-step guide to help you create an energy-independent home or office. Solar Water Heater A solar water heater provides hot water all year round […]
Armenia’s largest solar power facility is under construction in the Gegharkunik region. Shtigen Group undertook the building of the Masrik-1 solar plant, which has a capacity of 62 MW and covers 130 hectares. The construction phase began in November 2023. The work did not halt in winter, harsh cold, spring, or slush and rain; the […]
On July 22-23, the shores of Lake Sevan transformed into a hub for professional discussions on the energy sector. Shtigen Group, in collaboration with the Startup Armenia Foundation, organized the “Energy Transition and Entrepreneurship Summit” (ETES) for the first time in Armenia. The summit, titled “Promotion of Innovation for a Sustainable Future,” attracted experts, representatives […]
The APRI Armenia independent research institute recently hosted a three-day conference themed “Building Tomorrow” in Yerevan, bringing together governmental, diplomatic, academic, and corporate figures, as well as intellectuals and journalists from all over the world. The event sought to investigate the most important development paths for Armenia. The conference’s speakers highlighted a variety of […]
The 33rd Annual Conference of the European Bank for Reconstruction and Development (EBRD) kicked off in Yerevan. Gagik Gyulbudaghyan, member of the Board of Shtigen Group, is also participating in this large-scale business forum held under the motto “Delivering Impact Together”. The participants also include high-ranking officials from different countries, EBRD members, business leaders, experts […]
The final day of the Green Climate Fund-organized Regional Dialogue with Eastern Europe and Central Asia, in which Shtigen Group took part, saw the creation of new benchmarks for green investments and collaboration with new partners. Hayk Shekyan, the founding director of the Group, spoke with participants on the potential and procedures for implementing collaborative […]