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Japan has provided a grant for Georgia's alternative energy

2011-09-12 18:04

Japan has provided a grant for Georgia's alternative energy. 21878.jpegJapan has decided to allocate a grant for Georgia's development of clean energy in Sakartvelo of 480 million yen. That's about $ 5 million. According to "Business-Georgia", the Japanese International Cooperation Agency (JICA) signed a relevant technical agreement on the implementation of the grant project "Implementation of clean energy produced by solar system" with representatives of the Georgian Ministry of Energy and Sustainable Development.

As the Office of the Government explained in an interview, Japanese grant project involves installation of photoelectric (solar) panels and production of electricity. This project is part of another, more ambitious initiative - the so-called "agreement of mayors", which provides the reduction of greenhouse gas emissions for at least 20 percent by 2020. Recently Tbilisi joined this agreement.

According to the decision of the authorities, Ilia State University in Tbilisi and the Ministry of Economy and Sustainable Development have received this grant in Georgia.

Thus, the solar panels will be installed at the Ilia State University and Organization airports in Georgia.

In regard of receipt of this grant, Georgian Economy Minister Vera Kobalia said that Georgia has a great potential in solar energy. Moreover, this project will help implement the country's new environmentally friendly technologies, she said.

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