The Caucasian nation could use its hydropower resources to generate the sustainable fuel for transport in its gas pipeline network. An agreement to cost the development of such an industry formed part of a deal which will see the EBRD lend the Georgian Oil and Gas Corporation €217 million to help it through a Covid-19-related cash crisis.
The German solar module manufacturer has commissioned its European module factory in Georgia. The manufacturing facility can be readily expanded to about 1.2 GW and the first 500 MW phase should be fully operational in the course of the next month.
The German panel maker said the new factory, which will add to its 525 MW facility in China, will expand its production capacity to 1 GW. With plans in the pipeline to enter the PV project business, that figure could rise to 2 GW by the end of next year.
Through the scheme, the Caucasian country will support wind, solar, biomass, and hydropower generation installations with a capacity of up to 100 kW.
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