Georgia realizing dozens of renewable energy projects
Baku, Azerbaijan, Sept. 6
By Elena Kosolapova – Trend:
Thirty-one renewable energy investments projects, worth $2.93 billion, are at the licensing and construction stages in Georgia, said Georgia’s energy ministry Sept. 6.
The estimated installed capacity of these projects reaches 1,646 MW, while the estimated annual generation hits 5,476 GWh.
The largest ongoing projects are the Nenskra Hydro Power Plant on Nenskra River, the Khudoni Hydro Power Plant on Enguri River in Samegrelo-Zemo Svaneti Region, and the Dariali Hydro Power Plant on Tergi River in Mtskheta-Mtianeti Region.
The Nenskra Hydro Power Plant project will cost $1 billion – its installed capacity is estimated at 280 MW, while annual generation will reach 1,200 GWh. The Nenskra Hydro Power Plant’s construction will be completed in October 2021.
The Khudoni Hydro Power Plant will cost $776.7 million. Its installed capacity is estimated at 702 MW and annual generation will reach 1,500 GWh. The Khudoni plant will also be built by October 2021.
The Dariali Hydro Power Plant will cost $135 million, its installed capacity is estimated at 108 MW, and its annual generation will reach 521 GWh. The power plant’s construction is planned to be completed in November 2016.
Additionally, 21 renewable energy investment projects, worth almost $2.46 billion, are at the feasibility study stage with construction liabilities in effect. The total estimated installed capacity of these projects hits 1,351 MW, and estimated annual generation reaches 5,867 GWh.
Moreover, 58 renewable energy investment projects worth $2.77 billion are at the stage of the feasibility study. Total installed capacity of these projects is estimated at 1,692 MW, annual generation is estimated at 7,143 GWh.