Masdar has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW).
The project, which will be jointly developed with the GEDF, will be Georgia’s largest solar power plant. The joint development agreement (JDA) was signed in the presence of the UAE Minister of State for Foreign Trade and the Minister of Economy and Sustainable Development for Georgia.
Country updates
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February 26, 2020
Georgia Capital buys remaining 34.4% stake in Georgian Renewable Power Company
Georgia Capital PLC has agreed to buy the remaining 34.4% minority share that it does not own in its subsidiary Georgian Renewable Power Company (GRPC) from RP Global. As part of the buyout, Georgia C...
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December 12, 2019
Walton EMC opens 102.5 MW Bancroft Station Solar Farm in Early County
Facebook's first solar project in the state of Georgia is now operational in Early County. Facebook representatives joined Walton Electric Membership Corporation (EMC) and Silicon Ranch in the commiss...
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November 27, 2019
Georgia Capital to acquire 100% stakes in Qartli Wind Farm
Georgia Capital has participated in a public auction for a 100% equity stake in Qartli Wind Farm LLC owned by Georgian Energy Development Fund and Georgian Oil and Gas Corporation. The wind...
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November 25, 2019
Facebook buys power from 107 MWac Snipesville II solar park in Denton
Walton Electric Membership Corporation (EMC) has signed a contract with Silicon Ranch on behalf of Facebook for a solar project as part of its agreement to supply 100 percent renewable energ...
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November 05, 2019
Georgia Capital acquires entire equity stake of Georgian operator Hydrolea
Georgia Capital PLC has announced the acquisition of a 100% equity stake in Hydrolea LTD through its wholly-owned subsidiary. Hydrolea operates three Hydro Power Plants (HPP) with an aggregate 21 MW...
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