"The Government of the Federal Republic of Germany and, in particular, the German Development Bank (KFW) have been our partners for many years in various areas - infrastructure development, reforms, etc., and we have made a particularly significant contribution to our support of the energy reform process. Today, the next phase of our cooperation with the German government is beginning, particularly, dealing with innovative technologies in green energy. This is green hydrogen - the latest technology that many countries are studying now," said the Minister of Economy and Sustainable Development of Georgia.

The main goals of the declaration signed today are: to assess the potential and benefits of green hydrogen existing in Georgia; implementation of the first pilot project, which will provide benefits to the economy and, consequently, will help attract investment to the country to develop clean and renewable energy; reduce dependence on imported gas and increase security of supply; increase the pace of development of renewable energy projects, mitigate carbon emissions and create export opportunities for the country.