Production of solar panels will start in Kutaisi. The project will be implemented by German investment, in particular, the German-Mexican company “AE SOLAR”, with which the contract will be signed in the near future.
”Solar Panels producing factory in Georgia is being built for the first time. The enterprise will be located on a large area of 10 thousand square meters and will produce at least 200 megawatt capacity panels annually.
Investment is multi-millionaire worth and more than 100 people will be employed in the enterprise. This is one of the biggest projects in our free industrial zone. Virtually one of the largest wood processing factories, “said Soso Nibladze, executive director of the Hualing Free Economic Zone.
Solar panels made in Kutaisi will be sold in the US, Persian Gulf countries, Europe and Georgia.