Planned PV project in Georgia secures government support

Share

Ergon Solair LLP, an American-Taiwanese PV partnership, is one step closer to realizing a $1.5 billion 1 GW photovoltaic power plant in Georgia.

Ergon Solair Chairman and CEO Lorenzo L. Colacicchi met with Georgian Minister of Energy Kakha Kaladze to present the planned project. The plant, which would employ local photovoltaic equipment assembly facilities, would be interconnected to Europe though the Black Sea by way of HVDC underwater transmission. The HVDC transmission would be implemented with the technical cooperation of Turkey’s Derinsu Offshore Survey and Engineering Company at an additional cost of $1.5 billion.

Ergon Solair’s presentation included information about investors that have shown interest in supporting the project, including SkyPower Global, a major international solar developer, and Primesolar Srl, an Italian contractor.

Georgia’s Ministry of Energy confirmed during the meeting that one of its priorities was the utilization of the country’s solar resources and promotion of investments, according to Ergon Solair.

The project is expected to be finalized following further negotiations between the Taipei-based Ergon Solair and the Georgian Ministry of Energy.

Popular content

"We are very grateful for the support we have received from the Deputy Minister of Energy Ilia Eloshvili during the preliminary studies of our project and for the support to our project expressed by the Minister of Energy Kakha Kalazde during our meeting of May 22," Colacicchi said.

"We look forward to finalizing this development and implementing this project in Georgia, as it will have very positive impact on regional sustainability, stimulate growth of the Eurasian green economy sector and create numerous job opportunities."

Colacicchi added that the HVDC transmission system would connect Georgia to Europe, "thus integrating the country into the European super grid and bringing benefit not only by way of the solar power plant, but also by facilitating the exchange with Europe of hydro and wind energy, creating a further stimulus for the growth of the renewable energy sector in the Caucasus."

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.