Masdar has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a domestic solar power (PV) power project with a capacity of 100 megawatts (MW). The project, co-developed with GEDF, will be Georgia’s largest solar power plant.
The agreement is between Masdar CEO Mohamed Jameel al-Ramahi and GEDF CEO George Chikovani, Minister of Trade Tani bin Ahmed al-Zeyoudi, Minister of Economy Natera Tanaba and Georgia. Sustainable development.
“This groundbreaking agreement will support Georgia’s energy diversification efforts and actively contribute to climate change,” said Al Ramahi.
I will let you know # Masdar We have signed a contract with the Georgian Energy Development Fund (GEDF) to develop a solar power generation project with a capacity of 100 MW in the country. #ForASustainableFuture pic.twitter.com/mizq1CVfkr
— Masdar (@ Masdar) December 30, 2021
On his side, Chicobani said: “Georgia has taken that route strongly and continues to use renewable energy sources according to national strategy. The agreement, aimed at developing solar projects with the world’s leading renewable energy companies, is the state’s energy. Policy priorities and prerequisites for achieving those goals. The development of similar projects will strengthen Georgia’s energy security, contribute to the diversification of energy sources and share renewable energy in the power mix. Will increase. “
Masdar and GEDF will jointly develop the project. This project is being implemented as part of a larger framework agreement signed with GEDF this year to develop renewable energy projects in Eurasian countries.
GEDF is a completely state-owned corporation founded by the Ministry of Economy and Sustainable Development. Relying primarily on hydropower for power generation, Georgia aims to strengthen energy security and diversify its energy mix.
https://gulfbusiness.com/abu-dhabis-masdar-to-develop-georgias-largest-solar-power-plant/ Masdar in Abu Dhabi develops Georgia’s largest solar power plant