Georgia's Solar Potential: Up to 87 GW Capacity Identified by IRENA
Georgia, USA, Tuesday, 13 May 2025.
Georgia’s eastern regions could transform into a solar power stronghold, with potential of up to 87 GW, responding to global renewable energy demand and offering lucrative investments.
Significant Solar Potential Unveiled
The potential for solar energy development in Georgia has received a boost with the International Renewable Energy Agency (IRENA) revealing that the country could host up to 87 gigawatts (GW) of solar power. This announcement stems from a detailed zoning assessment that identifies Georgia’s eastern regions as prime locations for substantial solar infrastructure. Particularly, the assessment underscores the central, southern, southwestern, and southeastern parts of Georgia as favorable zones, but it is the east that stands out for solar energy deployment [1][2][3].
Economic and Environmental Implications
The findings present a remarkable opportunity for Georgia to enhance its renewable energy portfolio and meet growing global demand for clean energy. The land-use footprint estimation of 50 megawatts per square kilometer suggests significant scalability, with expectations to meet or exceed current renewable targets. Projected land utilization is between 20% to 30% [2]. This setup could simultaneously lead to energy security improvements and fortify Georgia’s position in regional energy markets. It is posited that with further investments, Georgia may become a renewable energy leader in the region, providing upwards of 25,000 new jobs by 2030 [3][4].
Current Capacity and Forecasts
As of May 2025, Georgia’s installed capacity for solar energy stands at approximately 600 megawatts (MW). This represents a significant increase from previous years, indicating a growing trend toward renewable adoption. The country’s strategic plans include further augmenting its solar capacity to match global shifts toward sustainable energy sources, as outlined by IRENA’s recent announcements [2][3]. By 2030, it is anticipated that Georgia could see investments in renewable energy swell to $2 billion, doubling current figures. This aligns with IRENA’s vision for Georgia to reach 8,000 MW of solar capacity by 2030 [3][5].
Investment and Development Opportunities
IRENA’s report not only sets a pathway for solar energy expansion but also presents a viable investment frontier in Georgia’s energy sector. Projects slated for development could see financial inflows that bolster infrastructural growth and renewable energy initiatives. These initiatives are part of a broader strategy to bolster regional partnerships and enhance Georgia’s energy infrastructure by the end of 2025 [2][3]. With solar power’s Levelized Cost of Electricity (LCOE) ranging from $49.50 to $75.20 per megawatt-hour, the economic viability of these investments stands reinforced [1][4].