BAKU, Azerbaijan, Mar. 21. Georgian Government and the German Development Bank (KfW) are working jointly on the next steps of the green hydrogen project development in Georgia, German Federal Ministry for Economic Cooperation and Development told Trend.
According to the Ministry, the current research is focused on a more in-depth study on a potential green hydrogen pilot project.
Green hydrogen is a relatively new topic for Georgia, and the development and deployment of this energy carrier will take time, the source noted.
"Germany is one of the most important donors in the Georgian energy sector and has been cooperating with Georgia in this field for more than 20 years. As a result, Georgia is now a full member of the European Energy Union," the Ministry said.
The Federal Ministry for Economic Cooperation and Development will continue to support Georgia on its way towards a green economy, the source added.
Meanwhile, the Georgian Ministry of Economy and Sustainable Development and the KfW signed a declaration on the study of green hydrogen potential in Georgia on November 5, 2021.
The implementation of this project will provide benefits to the economy and, consequently, will help attract investment to the country to develop clean and renewable energy.
Follow the author on Twitter: @mariiiakhm