A long-awaited solar panel factory is scheduled to begin production in Kutaisi. The project is implemented by German-Mexican company “AE SOLAR,” although the official contract of cooperation has not yet been signed, GergiaToday reports.
The announcement was maide by Soso Nibladze, Executive Director of the Hualing Free Economic Zone. According to Nibladze, this will be the first solar panel factory in Georgia. The factory complex will be located on a 10,000 square meter territory. It will produce 200 megawatt capacity panels. The multi-million dollar project is estimated to employ more than 100 people, and is one of the largest projects in the free industrial zone.
Solar panels made at the Kutaisi factory are slotted for export to the United States, Persian Gulf countries, Europe and domestic sale within Georgia.