Georgia to sell the only wind farm

The Georgian government has decided to privatize the only Kartli wind power plant in the country with a capacity of 20.7 MW. Wind farm was built three years ago, 70 km from Tbilisi, Energoreforma reports.

The corresponding decree was signed by Georgian Prime Minister Mamuka Bakhtadze.

The wind power plant is owned by JSC Energy Development Fund of Georgia (50.01% of shares) and JSC Georgian Oil and Gas Corporation (49.99% of shares). Companies must develop a privatization plan with the Ministry of Economic Development. Wind farm will be sold at an electronic auction.

The farm is located in the Shida-Kartli region (Eastern Georgia). The cost of the wind farm was $34.3 million. The project was implemented with financial support from the European Bank for Reconstruction and Development (EBRD), which in December 2015 allocated a loan of $24 million to the state Energy Development Fund of Georgia. The rest was financed by Georgia.

The station consists of 6 wind turbines (models V117-91.5HH), each with a capacity of 3.45 MW. The construction of the wind farm was carried out by the Dutch company Vestas Benelux B.V., the Belgian Tractebel-Engineering acted as a consultant.

In 2018, the Kartli wind farm generated 84.3 million kWh of electricity (0.7% of the total volume of Georgia’s own generation), in the first half of 2019 – 39.8 million kWh (0.6%).

Earlier it was reported that it was planned to sell all power stations in Uzbekistan as part of the reform of the energy sector.

Tags: contracts, renewable energy, tariffs, wind energy, EBRD, legislation, electricity, energy market, feed-in tariff, foreign affairs

Read also

The State Agency on Energy Efficiency has a new head
Scotland to reach this year 100% renewable energy goal
Installed capacity of solar and wind farms in China reaches 415 GW