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May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
AraratBank Participates in “Women’s Empowerment Principles in Armenia” Conference Unibank’s Perpetual Bonds Were Acquired in Nearly One Day Acba bank and France’s Proparco to continue strengthening their long-term strategic partnershipTeam Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia Unibank Issues the First in Armenia Perpetual Bonds Team Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia AraratBank Joins Armenia's New Greening Initiative: 100 Hectares of New Forest within Three YearsApply for a Unibank salary card and get a chance to win 1 000 000 AMDEuromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospectAn unprecedented Evening for the Armenian Fashion and Hospitality Industry: World-Renowned Dress Designer Jacob Meyer Presents His Masterpieces at the ONE&ONLY Antigravity Theatre in The Dvin HotelA Brand-New Section on Idram&IDBankSeveral real and profitable offers ahead of Black Friday: IDBank and IdramAraratBank Joins Social Impact Award 2025 Summit in LjubljanaIDBank issued the 1st tranche of bonds of 2026Ucom Supports the Development of Space Engineering in Armenia Prioritizing Information Security: IDBank and Idram Support APOCALYPSE CTF 2025IDBank's Representative, Innesa Amirbekyan Appointed Co-Chair of the ICC Banking Commission Task Force on GuaranteesUcom General Director Ralph Yirikian Awards Certificates to Participants of Cybersecurity Training Course Acba and Proparco mark one year of partnership, strengthening rural financing and Armenias’s economic resilience
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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 Shtigen team was likewise prepared for whatever the climate was.

The construction project employed more than 130 workers, including those from Metz Masrik.

The Masrik-1 solar plant will generate 128,332 GWh of electricity per year, enough to power over 20,000 houses. In addition, this amount will prevent the release of more than 54,000 tons of carbon dioxide every year. By the way, 114,984 solar panels were used to build the station.

The construction procedure adheres to international standards, as confirmed by both local and foreign specialists.

The geographical scope of collaboration in the plant's development is as extensive as the project itself. The Masrik-1 project is owned by FRV Fotowatio Renewable Ventures, a leading global renewable energy development company, by establishing a partnership with Chinese contracting company CMEC and assigning construction work to Shtigen․