The Ministry of Economic system and Sustainable Improvement of Georgia has launched a young for the deployment of 300 MW of renewable capability. The authorities plan to allocate 150 MW of hydropower capability, 70 MW of wind energy, 70 MW of PV capability, and 10 MW of different renewable vitality sources.
The federal government of Georgia has authorised the public sale scheme for renewable vitality with Decision N.556 in early December. However, the nation photo voltaic vitality deployment has had restricted success thus far. By the tip of 2021, the nation could have only one MW of put in photo voltaic capability, in accordance with the Worldwide Renewable Power Company (IRENA). About 78% of Georgia’s energy comes from 2.4 GW of hydropower capability, over 900 MW of thermal energy capability.
US-based Aionrise operates a 500 MW photo voltaic module manufacturing facility in Georgia. The ability exports photo voltaic panels to the US and Europe.
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