Solar Alternative Energy to Open Production Line in Kutaisi and Global Sales Office in Tbilisi

Solar Alternative Energy to Open Production Line in Kutaisi and Global Sales Office in Tbilisi

Alexander Maier, the CEO of the German AE Solar Alternative Energy GmbH, in his speech at the Tbilisi Silk Road Forum, talked about the business-friendly environment for the investors in Georgia.

“We have 150 employees in Georgia and next year we are going to have about 400 people. We launched the first factory with 500 MW installed capacity in Kutaisi this year, which equals to 1,5 mln solar panels and can provide the household with the electricity,” – Maier noted.

The company has 5 000 employees worldwide. Solar Alternative Energy is planning to set up a new production line in Kutaisi within two years and a global sales office in Tbilisi.

Alexander Meyer focused on Georgia’s main investment advantages. “Georgia has great advantages; it is an open economy, it has fair labor law, beneficial geographical location and several Free Trade Agreements. Georgia has a development program aimed at the opening of new businesses. The Government encourages the use of renewable energy to help create a cleaner world for our children. We urge our partners to consider Georgia as a potential partner, and we are trying to promote the growth of the economy and help attract investment to Georgia,” – Alexander Maier said.

img

Giorgi

Related posts

Ryanair to Launch flights to the Georgian Aviation Market Tomorrow

Irish low-cost airline Ryanair is launching regular flights to Tbilisi and Kutaisi. The first...

Continue reading
by Giorgi

Wine Village to be Built in Kvareli

A new platform for wine-loving businessmen has emerged in the market, a tourist-active zone - the...

Continue reading
by Giorgi

Georgian Wine Participates at the Stockholm Exhibition

One of the largest wine and food exhibition, “Stockholm Food and Wine 2019”, was held in...

Continue reading
by Giorgi

Join The Discussion