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“It is the Georgian Prime Minister’s initiative to have important supporting mechanisms for private investors in terms of the development of renewable energies in Georgia, so that energy projects can be implemented faster and more efficiently,” - the Deputy Prime Minister/Minister of Economy and Sustainable Development of Georgia, Levan Davitashvili, said while speaking to the media after meeting with the energy business officials of Georgia.
Member companies of the Georgian Business Association, which operate in the energy sector in Georgia, took part in the meeting. The Deputy Minister of Economy, Romeo Mikautadze presented the new renewable energy support scheme to the potential investors and developers.
"In the direction of energy development, under the conditions of our government, work is ongoing, but support and certain state guarantees are important so that the private sector can really manage to mobilize funds and implement projects," - Levan Davitashvili said.
According to him, energy is a special priority for the current government, against the background of the current geopolitical situation, energy security and energy independence are the most urgent issues not only for our country, but also in today's international politics, and, consequently, the Georgian government pays special attention to the development of the energy sector.
As Levan Davitashvili stated, very interesting meetings were held in the European Commission, including with the European Commissioner in the field of energy, last week, and these steps taken by Georgia were exactly, fully in line with the European policy.
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11/07/2025