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Tag Archives: energy

Georgia Formally Ratifies EU Energy Treaty

Leaders from the European Union said Tuesday they welcomed Georgia, a former Soviet republic, as the latest member of the European energy community. All 89 members of the Georgian Parliament ratified an agreement Monday to align energy policies with the European Union. “The Energy Community welcomes Georgia’s accession and the …

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EU helps Covenant Signatories Get Better Access to Energy Data

The EU-funded Data4Action project has developed a comprehensive guide to facilitate access to data for Sustainable Energy Action Plans. The project is improving data exchange between public authorities and energy data providers. The data access guide was developed to help Covenant signatories get better access to local, accurate energy data …

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Perspectives for Constructing Solar Power Stations in Georgia

Having implemented the first wind power station construction projects and announced interests expression for another implementation, Government of Georgia plans to explore perspectives for constructing solar power stations in the country. Government of Georgia and KJSC Caucasus Solar Company will sign an understanding memorandum for carrying feasibility studies in order …

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Kaladze – Meeting with Gazprom Ends up With no Result

Kaladze - Meeting with Gazprom Ends up With no Result

“Gazprom still demands to receive financial reimbursement from Georgia”, – Kakha Kaladze declared about it after the meeting with “GazpromExport”. The minister, returned from Vienna, declares that the meeting with Gazprom representatives has ended up without result, as, Georgia has different point of view from Russia. “Russian side wants to …

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Elcom Caucasus Exhibition Opens in Georgia

3rd International Energy, Power and Telecommunications Exhibition combines the entire sector into a single event, presenting products and services of energy and power, electrical engineering, distribution and control, telecommunications and information technology. Elcomm Caucasus 2016 will be a meeting place for the industry representatives – producers and distributors from one …

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Azerbaijan may Export up to 700 Million MW through Georgia

Azerbaijan may Export up to 700 Million MW through Georgia

Electricity export from Azerbaijan via the Azerbaijan-Georgia-Turkey energy bridge may reach 700 million megawatts, said Azerbaijani Energy Minister Natig Aliyev in his article published by the official press Oct. 20. “The work on the creation of the Azerbaijan-Georgia-Turkey energy bridge is continuing,” noted Natig Aliyev. “The project will allow integrating …

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What Georgia should Expect from Membership in European Energy Community

energy

Last week Sarajevo, the capital city of Bosnia-Herzogovina hosted a ministerial of European Energy Community member countries. At the Ministerial, Minister of Energy of Georgia Ilia Eloshvili signed a protocol on Georgia’s engagement in the Energy Community foundation agreement. Engagement protocol comprises several EU instructions and regulations which Georgia becomes …

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SOCAR’s Bonds See Strong Demand

SOCAR's Bonds See Strong Demand

Bonds of Azerbaijan’s energy giant SOCAR, issued for the domestic market of the country enjoy high level of market uptake.   The demand for bonds, the nominal value of which is $1,000, has exceeded the supply twofold. Applications worth some $203,604 million were accepted by relevant institutes, while the total …

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EBRD Supports first Wind Farm in Georgia

EBRD Supports first Wind Farm in Georgia

The European Bank for Reconstruction and Development (EBRD) and the government of Georgia are inaugurated the first wind power plant in Georgia, the bank reported. The EBRD has arranged a $22 million syndicated loan to the company Qartli Windfarm LLC for the development, construction and operation of the wind farm. …

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HPP Cascade to be Built on the River Tekhura

HES Cascade to be Built on the River Tekhura

Construction of  cascade of hydro power stations has started in Martvili municipality. The project is implemented by Tekhura Energy. Construction of 5-level hydro power station is envisaged on the river Tekhura, which total installed capacity amounts to 1112,39 mgwt, namely: 1. Lechekha HES (22,95 mgwt); 2. Erjia HES (30,16 mgwt); 3. …

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Georgia Finishes Construction Works of First Wind Power Station

gori-wind-power-station

Construction works of Georgia’s first wind power station have ended. A total of 6 wind turbines with 3.45 megawatt installed generation power has been already installed. In October-November the power station will be tested under international standards to examine the turbines capability for power generation. The world’s leading supplier company …

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