Turkey-based Çalık Enerji has plans to construct a 50MW windpower plant in the central region of Georgia for $75m.
Çalık Enerji will develop the project at Shida Kartli in cooperation with the Energy Development Fund of Georgia.
This decision was taken following a meeting between Georgia’s Economy Minister Dimitry Kumsishvili and Çalık Enerji founder and chairman of the supervisory board Ahmad Calik in the Turkish capital city of Ankara.
Kumsishvili stated: “This is a very important investment, and at the same time, this will result in another new source of renewable energy in the electric power system of our country.”
Ahmet Çalik said: “At this stage, the first investment will be implemented in wind energy, and a 50MW windpower plant will be built. We believe in Georgia and its future.”
Georgia’s first windfarm was built in the Kartli region in 2016 and has since then produced 103,923,000kWh of power.
Çalık Energy has energy projects in Central Asia, Africa, Middle East and the Balkans.