Partnership Agreement on the development of the Project of Solar Power Plant

Mr. Jaba Khmaladze, head of JSC “Georgian Energy Development Fund” and Mrs. Nino Mchedlishvili, director of  “Mzis Veli LLC”,  signed the Partnership Agreement on the development of the Project of Solar Power Plant with the 25 MW installed capacity.   

The project will be implemented in the village of Patardzeuli, Sagarejo municipality, in compliance with international standards. At the first stage it is planned to conduct a full feasibility study, on the basis of which further development of the project will take place. The annual planned output of the Solar Power Plant is 44 MIO KW/h.

It should be noted that the implementation of the Solar Power Plant Project will contribute to the country's energy independence and security, diversification of electricity sources and creation of new jobs.