Minister of Economy: Future of energy depends on building regional connections; Green Energy Corridor lays foundation for safer future

“For Georgia, the Green Energy Corridor is not merely an infrastructure project, but a long-term investment in regional cooperation, energy security, and sustainable economic development,” stated Mariam Kvrivishvili, Minister of Economy and Sustainable Development, during her address at the 12th Ministerial Meeting under the framework of the Agreement on a Strategic Partnership in the Field of Green Energy Development and Transmission.

Kvrivishvili noted that the Green Energy Corridor represents a strategic initiative that will strengthen regional energy ties, facilitate the integration of renewable energy sources, and contribute to the region’s collective transition towards clean energy.

“The future of energy will increasingly depend on our ability to build new, reliable connections between regions. Initiatives of this nature lay the foundation for a more secure, interconnected, and sustainable energy future. By establishing new routes for clean electricity, we are fortifying energy security and promoting market integration. Consequently, the Green Energy Corridor is an investment not only in today’s energy systems, but in the resilience and prosperity of future generations,” the Minister has said.

Mariam Kvrivishvili highlighted that Georgia highly values the close cooperation established among the four participating nations and expressed her gratitude to international financial partners for their constructive engagement.

“Georgia’s ambition is to contribute to this initiative not only through its strategic geographical location, but also through the growing development of its own renewable energy resources,” Kvrivishvili added.

At the ongoing ministerial summit in Baku, government representatives from the signatory nations, Azerbaijan, Georgia, Romania, and Hungary, are reviewing the feasibility study for the Green Energy Corridor project and formulating a detailed action plan to outline its next phases. The Georgian delegation also includes Deputy Ministers of Economy and Sustainable Development, Inga Pkhaladze and Genadi Arveladze, alongside Zviad Gachechiladze, a member of the Board of Directors at the Georgian State Electrosystem.