The proposed financing covers 40.6 MW of new solar capacity and refinancing for five operating plants, while negotiations on the loan agreement continue.

A 33.06 kWp rooftop solar installation at the Evangelical-Lutheran Church in Tbilisi has been operating for around three years. The church says the system now generates more electricity over the year than the site consumes, while the original project calculations indicated a payback period of around six years.

The 6.4 MWp solar project in Sagarejo is targeting commercial operation in September 2026, following the start of construction in May.

Four solar power plants with a combined installed capacity of 753 kW have been completed across Georgian Rugby infrastructure facilities in Tbilisi.

The industrial self-consumption project in Rustavi will combine on-site solar generation with zero-export control and provision for future battery storage.

Tamira Chief Operating Officer Avtandil Mamaladze explains why protection systems, switchgear, monitoring and properly engineered electrical panels are central to the safety and reliability of solar projects.

The commercial solar installation uses 860 JA Solar modules and is expected to generate approximately 750,000 kWh of electricity annually.

Sakcable’s supervisory board chair explains how the company developed and certified a locally manufactured solar cable, and why local supply matters for Georgia’s growing photovoltaic market.

Step Energy says it is developing a 75 MW solar pipeline as the Georgian company expands into larger EPC projects, battery storage and agrivoltaics.

Shine Energy says shorter development periods and potential payback within three to five years are supporting growing business interest in solar investment.