Georgia, Azerbaijan, Bulgaria and Türkiye sign strategic partnership agreement on clean energy

Georgia’s Deputy Prime Minister and Minister of Economy and Sustainable Development, Mariam Kvrivishvili, Azerbaijan’s Minister of Energy, Parviz Shahbazov, Bulgaria’s Minister of Energy, Iva Petrova, and Türkiye’s Minister of Energy and Natural Resources, Alparslan Bayraktar, have signed the “Agreement on Strategic Partnership in the Field of Clean Energy between the Governments of Georgia, Azerbaijan, the Republic of Bulgaria and the Republic of Türkiye.”

The agreement aims to strengthen energy connectivity and security among the countries within their strategic partnership in clean energy, facilitate the transmission and supply of electricity generated from clean energy sources, and develop the relevant infrastructure.

Under the agreement, the parties will designate transmission system operators that will become shareholders in a joint venture established to develop and implement green corridor projects. They will also cooperate in clean energy generation, transmission and trade, the expansion of existing cross-border infrastructure, and the development of new power transmission lines.

The project is expected to ensure a corridor capacity of at least 2,000–3,000 megawatts. This will enable Georgia to diversify its electricity supply routes and export destinations, while allowing green electricity generated in Georgia to be sold on European energy markets.

The signing ceremony took place in Antalya, Türkiye, on the sidelines of the 31st Conference of the Parties to the UN Framework Convention on Climate Change (COP31).