Export of Georgian electricity to Turkey increases 61.4%
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Georgia is increasing the export of electricity to Turkey, announces Georgia’s Ministry of Economy.
As of May 9, 2018 export of electricity increased by 61.4 percent compared to the same period of 2016, says Georgia’s Ministry of Economy.
In total, Georgia exported 63,715,000 kWh hour to Turkey as of May 9, 2018.
As Georgia’s Economy Minister Dimitry Kumsishvili said the government’s goal is to increase electricity export and make Georgia an electricity hub.
Kumsishvili said tha an increase in electricity exports is a result of active cooperation with Turkey.
The bilateral meetings regarding electricity export was held in February and April of 2018.
Large European energy companies Nord Pool and Bluberries will prepare recommendations for Georgia to help the country become a regional hub for electricity trade.
Turkish energy company Calik Energy will build a new wind power plant in Georgia’s Kartli region.
Georgia’s first wind farm, a 20MW Kartli Wind Power Plant, has generated 103,923,000 kWh of power since it opened in 2016 in central Georgia’s Shida Kartli region.
The European Union (EU) is providing €9.9 million grant to provide grid infrastructure for promotion of net integration of hydropower plants, increase transmission capacities, including cross-border trade and improve security of energy supply of Georgia.
A significant chunk of a cliff collapsed near the Turkey-Georgia border earlier today, witnesses told the Adjara Public Broadcaster and sent photos from the scene.
The programme offers Georgian entrepreneurs to register on the new online platform tradewithgeorgia.com to introduce their products and services to potential foreign partners. Currently more than 20 companies have already started using the system.
Energy company Energo-Pro Georgia is planning to invest 5,234,000 GEL in restoring high voltage electricity lines in Georgia.
Minister of Foreign Affairs of Georgia David Zalkaliani is in Istanbul to develop stronger ties with Turkey and Azerbaijan through ministerial meetings with his counterparts from the two states.
Georgian Prime Minister Mamuka Bakhtadze has sent kind wishes to Turkey on the 95th anniversary of Republic Day of Turkey.
Representatives of large Turkish companies will arrive in Georgia next month to learn about prospects for developing furniture production in the country and the furniture market in Georgia in Georgia.
Electricity consumption in Georgia was up 6.9 per cent in 2017 year-on-year at 11.20 billion kWh of electricity.
Georgia has begun exporting electricity to Turkey and Russia, announces the Electricity System Commercial Operator (ESCO) of Georgia.
The Georgian State Electrosystem (GSE) and French Development Agency have presented the results of the first generation expansion plan for 2020-2035 for Georgia’s energy system, which outlines the need for more wind and solar renewable energies and the high importance of hydroelectric power.