Tag Archives: Georgia

Wind energy in Georgia, first wind farm

Investment firm Georgia Capital PLC said it will acquire Qartli Wind Firm in Georgia for USD14.4 million. Qartli is the only operational wind farm in Georgia. It operates a 21 megawatts installed capacity wind power plant, with a 47% average capacity factor. The wind farm is currently jointly owned by state companies Georgian Energy Development … Continue reading Wind energy in Georgia, first wind farm

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Çal?k Enerji will build a wind power plant of 50MW capacity in Georgia

The information was released by Georgia’s Vice-Premier and the Minister of Economy and Sustainable Development Dimitry Kumsishvili on Tuesday. Kumsishvili, who is on a working visit in Ankara,Turkey, announced the news after the meeting with the Ahmet Çalik, the founder and the Chair of the Çal?k Enerji. “This is a very important investment, and at … Continue reading Çal?k Enerji will build a wind power plant of 50MW capacity in Georgia

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Mott MacDonald provides technical advisory for Gori wind farm

Georgia is developing its first full-scale wind farm, producing around 20.7MW. Mott MacDonald is the lenders’ technical advisor for the $34 million project and will continue to play an advisory role now that the project has come to a financial close. Georgia is located at crossroads of Western Asia and Eastern Europe. The country of … Continue reading Mott MacDonald provides technical advisory for Gori wind farm

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Georgia’s first wind power plant almost completed

The wind power plant in Gori will be the first of its kind in Georgia. Earlier, there have been standalone turbines with modest power output, used only for individual consumption and not connected to the power grid. Tornike Kazarashvili, chair of the board of directors of Kartli Wind Power Station, told DFWatch that the construction … Continue reading Georgia’s first wind power plant almost completed

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EBRD and Georgia sign initial agreement to work on first wind power plant

The European Bank for Reconstruction and Development (EBRD) and the Government of Georgia have signed a mandate letter setting out their readiness to cooperate on the first wind farm project in the country. The letter was signed during the 2015 EBRD Annual Meeting in Tbilisi in the presence of Deputy Prime Minister and Minister of … Continue reading EBRD and Georgia sign initial agreement to work on first wind power plant

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Georgia’s first wind farm in spring 2016

With the support of the European Bank for Reconstruction and Development (EBRD) Georgia’s is preparing to create the country’s first wind farm and utilise its wind energy potential.   The EBRD is considering providing up to a $25 million USD senior loan to a special purpose vehicle established in Georgia for the sole purpose of … Continue reading Georgia’s first wind farm in spring 2016

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IEA reviews energy policies of countries in Eastern Europe, the Caucasus and Central Asia

The International Energy Agency (IEA) released a review of energy policies in 11 countries of Eastern Europe, the Caucasus and Central Asia that play a significant role in world energy security.   Four of the countries – Kazakhstan, Turkmenistan, Azerbaijan and Uzbekistan – possess substantial oil and gas resources in the Caspian Sea, which offer … Continue reading IEA reviews energy policies of countries in Eastern Europe, the Caucasus and Central Asia

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Georgia’s is preparing to utilise its wind energy potential through the country’s first wind farm

The inaugural wind power plant will include two wind turbines and is expected to be operational by next spring. The wind power plant is earmarked to be built between Georgia’s capital city Tbilisi and nearby Gori, a small city in eastern Georgia, and produce 20-MW of power per year, announced Georgian officials today.   The … Continue reading Georgia’s is preparing to utilise its wind energy potential through the country’s first wind farm

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First wind power to be built in Georgia

Georgian Energy Ministry will construct wind farms in Gori (Shida Kartli region, eastern Georgia) jointly with the country’s Energy Development Fund.   The plants will be built as part of the plans for the development of alternative energy sources in Georgia. Initially, the project for the construction of the first wind farm with the installed … Continue reading First wind power to be built in Georgia

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Canadian Solar Supplies Modules for Major Solar Power Project in Georgia

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that its modules will power a series of projects in Georgia totaling 5.1 MW with Atlanta-based solar developer and Engineering, Procurement and Construction (“EPC”) provider SolAmerica Energy, LLC. As the sole provider of photovoltaic (PV) … Continue reading Canadian Solar Supplies Modules for Major Solar Power Project in Georgia

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World Wind Energy Association establishes CIS Committee

WWEA members from several CIS countries have decided to create a special working group in order to intensify their cooperation on regional issues. Recently, the WWEA Board has approved the establishment of the WWEA CIS Committee. The leading wind energy experts from the CIS countries will concentrate their efforts, knowledge and experience to promote widespread … Continue reading World Wind Energy Association establishes CIS Committee

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Dominion to Build Solar Power Project in Georgia

Dominion (NYSE: D), one of the nation’s largest energy providers, has acquired a solar energy development project in Georgia from Smart Energy Capital and Jacoby Development. The project is to begin commercial operation late this year. Dominion’s Azalea Solar Power Facility, near Augusta in east-central Georgia, is planned to produce approximately 7.7 megawatts (AC) using … Continue reading Dominion to Build Solar Power Project in Georgia

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