Georgia is producing one million energy efficient light bulbs to supply the foreign market with the latest Georgia-made exportable produce.
AG Microelectronics, a joint company between Georgia and Azerbaijan based in Rustavi, is expanding its business and selling its LED (light emitting diode) light bulbs to other nations.
The company was established in 2015 as the first microelectronic plant in the South Caucasus that produced LED light bulbs. Since its creation the plant produced 20,000 LED light bulbs, which were all sold locally in Georgia.
With the Government of Georgia focussing on energy efficiency, the country’s Energy Ministry took an interest in the activities of AG Microelectronics.
Georgia's Energy Minister Kakha Kaladze at the AG Microelectronics. Photo by Georgia's Energy Ministry.
Yesterday Georgia’s Energy Minister Kakha Kaladze visited the Rustavi factory to learn how LED light bulbs were made.
A media release from the Ministry said existing light bulbs in the country will be replaced with energy efficient ones within the next 20 years.
This will allow the country to save about 10 billion kilowatts in total and about 500 billion kilowatts of energy per year,” said the Ministry.
Georgian and Azerbaijani businessmen jointly invested $3 million USD to establish AG Microelectronics. The investors also received $167,000 USD financial support from the ‘Produce in Georgia’ state program to expand the company’s production capacity.
AG Microelectronics also produced the first Georgian LED television sets. From May 2016 AG Microelectronics will present a Georgia-made 32 and 40 inch LED television sets for the first time in the country’s history.
World famous technology companies Microsoft, Fujitsu, Intel, Iberiasat and AG telekom have all expressed interest in cooperating with AG Microelectronics.
Georgia’s Ministry of Energy together with the European Bank for Reconstruction and Development (EBRD) were currently jointly implementing the Georgia –First National Energy Efficiency Action Plan, which aimed to emphasise the use of energy efficient materials in construction.
Meanwhile, with the support of the Danish Government, Georgia was about to launch a new project - Development of Energy Efficiency and Sustainable Development in Georgia.
Furthermore Georgia’s Ministry of Energy was also involved in the project to create a Low Emission Development Strategy, initiated by the United States Agency for International Development (USAID).