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.
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.
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 […]
“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.
News and Announcements
Energy independent house
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 […]
How is the largest solar power plant in Armenia built?
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 […]
Energy Transition and Entrepreneurship Summit (ETES) Held for the First Time in Armenia
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 […]
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 […]
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 […]
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 […]