February 28, 2022

Cooperating for Central Asia’s renewable energy future

SMEC recently signed a Memorandum of Understanding (MoU) with the Georgian Energy Development Fund to advance the country’s renewable power sector.

SMEC recently signed a Memorandum of Understanding (MoU) with the Georgian Energy Development Fund to advance the country’s renewable power sector. Established by the national government in 2010, Georgia’s Energy Development Fund is a joint-stock company that promotes early investment in nationally significant clean energy projects.

Our journey in South and Central Asia began in 1968, with a hydropower project in Nepal that connected people in remote Himalayan areas with water and power. Today our commitment to collaborating with our clients and partners to deliver efficient and cost-effective energy systems continues.

As a member of the International Hydropower Association’s board, SMEC is proactive in shaping conversations within the industry and among critical stakeholders to progress investment and development in renewable hydropower. In delivering our services, we assess the social and biodiversity impacts of projects according to the association’s global sustainability standards.

Testament to SMEC’s sustainability focus, the Memorandum of Understanding will see our team of international and local experts cooperate with the Georgian Energy Development Fund to approach future investors in clean energy projects.

From financing the nation’s first wind farm, to supporting solar panel installation on school rooftops across the city of Batumi, the Georgian Energy Development Fund has initiated numerous renewables projects.

Likewise, SMEC has also been involved in numerous Georgian sustainable development initiatives. Work on the Tbilisi Water Supply and Sanitation Immediate Investment Program (our first project in the country) began in 1999. In 2017 we established a permanent office in the capital city of Tbilisi, and we regularly cooperate with the Ministry of Regional Development and Infrastructure of Georgia on numerous projects, including Batumi Bypass Road Project and transport links for Anaklia Deep Sea Port.

“We are proud to have worked with the Georgian government to progress developments including the ongoing EIB funded Transport Connectivity Project,” shares Giorgi Kakaladze, Head of Operations.

“As infrastructure consultants and engineering specialists, SMEC is well placed to influence sustainability and environmental outcomes in hydropower and renewable energy projects both nationally and across the South and Central Asia region.

“Signing an MoU with the Georgian Energy Development Fund harnesses our expertise in renewable energy, infrastructure development, and managed services, and aligns with our plans to establish ourselves as a leading green and renewable energy consultant in Central Asia.”

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