500 KWp Kvakheti Solar Power Plant
500 KWp Solar Power Plant participating in net metering program. Commissioned in April 2025. Located in Gori Municipality, 55 km from Tbilisi.
Project Identity
- Name: Kvarkheti Solar Power Plant
- Technology: Ground-mounted Solar PV
- Status: Fully operational
- Installed DC Capacity: 595 kWp
- AC Capacity: 500 kWac
- Inverters: 5 × Huawei string inverters
- Number of PV Modules: 1,026 units
Development & Regulatory Status
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Grid Connection: Connected and operational with Energo-Pro Georgia through a dedicated 10 kV on-site substation
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Land: 7,515 m² of privately owned land (free from encumbrances)
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Construction Permit: Fully issued
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Environmental Permits: Not required under current national legislation
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All Approvals: Completed; no pending obligations
Technical Characteristics
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Layout: Fixed-tilt mounting structure
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Estimated Annual Generation: ~1.05 GWh/year
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Specific Production: 1,704 kWh/kWp/year
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Performance Ratio (PR): 88.88%
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Infrastructure: On-site 10 kV substation, perimeter fencing, monitoring & SCADA system, and video surveillance system
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Operational Performance: Stable long-term yield profile supported by consistent irradiation and modern hardware
Commercial Highlights
- Revenue Model: SPP Rent to retail customers under the Net Metering mechanism (Details can be aligned based on investor preference or buyer negotiation.)
- Asset Type: Turnkey, cash-flow–generating, operational solar power plant
- EPC and O&M: Can be extended/optimized upon request
- Suitable For: Direct investors, ESG portfolios, utility-scale aggregators, and institutional buyers