Kvrivishvili: Green energy corridor creates solid basis for regional co-op

The Caspian–Black Sea–Europe Green Energy Corridor project is laying a strong foundation for deeper regional cooperation, enhanced energy connectivity, and greater resilience of energy systems, Georgian Minister of Economy and Sustainable Development Mariam Kvrivishvili said at the 12th Ministerial Meeting in Baku, held under the Strategic Partnership Agreement on the Development and Transmission of Green Energy, Report informs.

"This reflects our shared commitment to building a safer and more sustainable energy future," Kvrivishvili emphasized.

She noted that the Georgian government has prioritized the development of the renewable energy sector, creating a transparent and favorable regulatory environment to accelerate investments in wind and solar projects. Expansion of hydropower plants also remains a key focus.

The minister highlighted Georgia's main objectives: increasing domestic renewable electricity generation; strengthening energy security; and creating new opportunities to export clean electricity to regional energy markets.

Kvrivishvili added that Georgia is ready to continue cooperation with partner countries and stakeholders to fulfill its commitments under the quadrilateral agreement and ensure the project's successful progress.

The Caspian–Black Sea–Europe Green Energy Corridor project, a joint initiative by Azerbaijan, Georgia, Romania, and Hungary, envisions transmitting renewable energy produced in the Caspian basin to Europe via a planned undersea cable across the Black Sea, thereby expanding energy cooperation and reinforcing regional energy security.