Georgian PM announces to present vision of energy development to society, business
The head of the government also said that by his initiative, all agencies had made 10-year development plans, with the energy direction “written in detail”, including the information on the capacities of hydropower plants and wind and solar power stations to be built. Photo: Government administration
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Georgian prime minister Irakli Garibashvili on Tuesday announced that the government would present the vision of energy development to society and business “in just a few weeks”, no later than November and would begin its implementation in the “near future”.
Garibashvili said that after “many months” the negotiations with the International Monetary Fund had concluded “quite successfully” and noted the government’s economic team had begun working on the renewal of the Power Purchase Agreements programme, which had been suspended that had “somewhat” hindered the inflow of investments in the energy sector.
The head of the government also said that by his initiative, all agencies had made 10-year development plans, with the energy direction “written in detail”, including the information on the capacities of hydropower plants and wind and solar power stations to be built.
Romeo Mikautadze, the deputy minister of economy and sustainable development of Georgia, on Wednesday said uninterrupted functioning of high-tech corridors was unlikely without energy development, in comments on Georgia’s prospects to perform as a regional data exchange hub.
Georgia’s Deputy Economy Minister Romeo Mikautadze and Claire Mason, the acting Mission Director of the United States Agency for International Development have signed a memorandum of understanding on cooperation in the energy sector, the Ministry of Economy announced on Friday.
Georgian Finance Minister Lasha Khutsishvili spoke about his country’s potential in generating green energy at the European Bank for Reconstruction and Development's Annual Meeting and Business Forum in Morocco, the Ministry said.
New solar, wind and hydropower projects with a total investment volume of $200 million will be implemented in Georgia to support the development of renewable energy and ensure the country's energy independence, the Government revealed on Tuesday.
Georgian economy minister Levan Davitashvili on Wednesday highlighted the potential of the renewable energy sector of the country’s economy at an international conference hosted in Tbilisi, where he said attracting investments in the area was a “main priority” for the government.
The energy sector is not only a field that contributes to the economy but it is the most important direction, which, along with economic benefits, is the solid foundation of Georgia’s energy independence, security and strength, Romeo Mikautadze, the deputy economy minister said on Saturday at the Akhalkalaki hydropower plant cascade opening.
Georgian Prime Minister Irakli Garibashvili on Tuesday hosted Philippe Guitard, the Senior Executive Vice President of Central and Eastern Europe from French Veolia Group, a leading company operating in the energy sector and providing services to meet environmental challenges.
Three wind and five hydroelectric powerplants are planned to be built in Samtskhe-Javakheti, Kakheti, Shida Kartli and Imereti regions of Georgia, the Administration of the Government of Georgia said on Monday. The total installed capacity of energy projects, presented at today’s Government meeting, is over 250 megawatts of installed capacity, and will total $400 million in investments.
Georgian Prime Minister Irakli Garibashvili on Tuesday left for Brussels to participate in the Global Gateway Forum organised by the European Commission, the Government Administration said.
Georgian Economy Minister Levan Davitashvili on Thursday said Georgia and the European Union were “very close allies and partners” in implementing the Black Sea submarine cable project, that intends to connect the grids of the South Caucasus and European Union member countries.