New German factory to produce solar panels in Kutaisi, Georgia
The factory was opened today by German company AE SOLAR, which is one of the world’s leaders in producing solar panels. Photo: PM's press office.
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A new factory has opened in Georgia’s third largest city of Kutaisi to produce solar panels that will be exported to the European Union, United States and Middle East.
The factory was opened today by German company AE SOLAR, which is one of the world’s leaders in producing solar panels.
Georgian Prime Minister Mamuka Bakhtadze who attended the factory opening ceremony in Kutaisi thanked the investor for “choosing Georgia for implementing this project”.
The factory will produce solar panels that will be exported to the EU, US and Middle East. Photo: PM's press office.
Bakhtadze said that this was an important foreign direct investment for Georgia.
While attracting foreign direct investments, we should be oriented on high-tech production, that has export potential and help Georgia position itself as high-tech producing country”, said Bakhtadze.
He said that the factory will employ 300 people.
Bakhtadze also announced that “in coming weeks” the construction of a new factory that will produce electric cars will start in Kutaisi.
The government of Georgia has allocated 2 million GEL (about 0.73m/€0.65m) to install solar panels in areas of Georgia where there is still no consistent electricity supply.
The United Nations (UN) House in Georgia’s capital of Tbilisi is going green with a new solar roof.
About 15 public schools in Georgia will be turned into more energy-efficient buildings through a pilot project that introduces energy-saving solutions for schools.
The international consultancy company McKinsey&Company is helping Georgia create an energy development strategy, Georgia’s Ministry of Economy has announced.
Solar power systems will be installed in 87 Georgian villages that are not hooked up to the national electricity grid in mountainous regions of Georgia. The government of Georgia will provide 178 permanent resident families of Mtskheta-Mtianeti, Shida Kartli, Samtskhe-Javakheti, Racha-Lechkhum –Kvemo Svaneti, Kakheti and Imereti with the solar panels.
A total of €105 million will be spent to reconstruct public buildings in Georgia as part of a joint project carried out by the German Development Bank (KfW) and the European Bank for Reconstruction and Development (EBRD). The budget of this project is a combination of low-interest loans of €80 million, an investment grant of €20 million and a €5 million grant for technical assistance.
Nine countries of the Central Asia Regional Economic Cooperation (CAREC) programme have signed a historic declaration today that will accelerate cooperation on energy issues and make the creation of a regional energy market easier.
Lithuanian-built solar power plants have started operating in three refugee camps in Prezeti, Tsilkani and Tserovani today.
A 50-megawatt wind power plant will be built near the village Nigoza in the Gori municipality, which will generate 200 million kilowatt-hours annually, announced Economy Minister Natia Turnava earlier today.
The construction of a car components factory has launched in Poti, Western Georgia which will export its goods to EU countries, China, the US and Mexico.
Solar power systems have been installed in highland villages that are not hooked up to the national electricity grid in Georgia’s eastern Akhmeta municipality.