Shtigen Energy Commissions Armenia’s Largest Commercial PV Project

Shtigen Energy Systems, one of the leading EPC’s in Armenia, has recently commissioned Armenia’s largest commercial solar power station named ArSun.

Furthermore, the 2 MW (AC) photovoltaic (PV) plant, with 2.2 MW (DC) PV panels installed, will supply power to Hrazdan community. This project used latest PV technologies including peak shaving, bifacial half-cut cells etc.

The company said in a statement that, the project is largest in Armenia, though, we have plans to move further and introduce much bigger projects next year.

Commenting on the development, Hayk Shekyan, CEO of Shtigen Energy Systems said “ArSun is the 5th utility-scale PV station we have commissioned and thanks to our experience and excellent relationship with partners we can offer the best price/performance ratio which goes as low as $450/kW ex. VAT.”

The ArSun power plant is equipped with 32 KSTAR KSG 60KW and 2 KSG 30KW solar inverters to provide smart PV solutions to its customers, reduce costs and maintain high level of safety.

“We are going to build more utility-scale PV stations aiming to increase the solar energy share in Armenia, improve energetic independence and take care about the environment,” said Karen Ghazaryan.

Besides, the solar plant used 5,832 Phono Solar bifacial half-cell 380Wp PV modules which are connected to 34 KSTAR inverters.

The PV project is expected to generate power up to 3.4 mln kWh per year, and the power generated is supplied to the national grid.

“When we look at the environmental factors like much sun light in Armenia, KSTAR and Shtigen have a responsibility to work together. Our customers hope we do what is right for a better life. The solar power plants are significant for us to move on, increasing renewable energy supply. We are working hard to keep this going and powering a green future,” said Ye, Sales Director of KSTAR.

Meanwhile, the project is co-financed by the Armenia’s investment bank, ArmSwissBank, within the framework of the “Programme for the Promotion of Renewable Energies: German-Armenian Renewable Energy Fund (GAF-RE) Phase III” funded by KfW Development Bank and implemented by the German-Armenian Fund of the Central Bank of Armenia with the technical consultancy of Fichtner.