- China Nears Global Reserve Status: “There Will Be a Reset of the Financial Industry” 2015-05-29 11:26
- Stocks Began Falling Right At This Time Of The Year Just Prior To The Last Financial Crisis 2015-05-29 00:32
- Rand Paul: ‘Disingenuous’ Obama Can Stop NSA Spying Any Time He Wants 2015-05-26 22:11
- Wealthy Installing “Safe Rooms” to Prepare for Civil Unrest? 2015-05-26 21:34
- Obama Usurps Local Police With Fake “Ban” on Militarization 2015-05-26 21:28
- RIP: Over 100 newspapers dumped in year, ads down 50%, circulation hits bottom 2015-05-26 01:36
Grigol Vashadze’s windmills2010-12-07 19:31
Last Friday, Georgian Foreign Minister Grigol Vashadze agreed with his Portuguese colleague Luis Amado on Tbilisi and Lisbon's cooperation in the field of alternative sources of energy. As was stated by the head of the Georgian diplomacy, Portugal is one of the leaders of alternative power economy in Europe and will help Sakartvelo develop this sector. GeorgiaTimes correspondent tried to make out what kind of prospects will open for Tbilisi due to cooperation with the Pyrenean state.
"We agreed on sending over 70 energy projects to Lisbon via the Georgian embassy, which implementation will start in Georgia. Our primary task is to set up a legal basis for the bilateral economic cooperation. We need contracts on investments and double taxation. As soon as these documents are ready, there will be no obstacles for our economic cooperation", - stated head of the Georgian diplomacy at the joint press-conference.
His Portuguese colleague told about his country's achievements in the alternative electric power industry. According to Luis Amado, 40 percent of the energy demands of the Portuguese economy are satisfied due to non-traditional sources. In future, this figure should be brought to 60 percent.
"Our country has got vast experience in using hydro resources and sun energy that we are ready to share with Georgia. We will also try to make investments into the Georgian power system but I must say the cooperation between our countries in this sector has just been started", - Luis Amado stated.
The Portuguese have indeed achieved considerable results in developing non-traditional energy resources; they have got the Europe's most powerful wind power plant and the first industrial wave energy plant in the world. The world largest sun battery field is being constructed 200 kilometers southward of the capital.
If nothing extraordinary happens, one day Portugal, which is desperately dependant on the import of hydrocarbons today, will reach the 60 percent voiced by the ambassador. However, it won't happen soon. Now the country's government is hoping to cover 31 percent of the consumed electric power via renewable energy sources by 2020. What 40 percent is Luis Amado talking about? Difficult to say, though.