Armenia is turning its sunshine into opportunity

Together with the European Union, we are supporting Shtigen, an Armenian renewable energy company, as it expands access to clean, affordable energy for homes and businesses across Armenia. With tailored advice and financing provided through ArmswissBank, Shtigen is strengthening its operations and accelerating the country’s shift towards a more sustainable energy future.

By investing in renewable solutions, companies like Shtigen are helping to reduce emissions, improve energy security and build a more resilient power system. Their work shows how targeted financial support and expert guidance can unlock private-sector innovation and deliver real impact for communities and the economy alike.