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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

Armenia Should Become a Major Supplier of Green Energy in the Region: Founder of Shtigen Group Speaks at APRI Forum 2024

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 […]

July 8, 2024
Shtigen Group, a participant in the 33rd EBRD Annual Conference

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 […]

May 16, 2024
Shtigen Group takes part in the Green Climate Fund Regional Dialogue

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 […]

March 27, 2024
Shtigen Group, participant of the international exhibition in Italy

Delegations from about 60 countries gathered at KEY 2024 in the eponymous complex in the Italian city of Rimini. For the second year, Energy Transition Expo is an international exhibition with the goal of showcasing cutting-edge services, technology, and solutions in the fields of renewable energy and energy efficiency. Shtigen Group was the only representative […]

March 6, 2024
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