EUGBC

AE SOLAR launched its newest factory in Kutaisi

We are proud the EUGBC Core Member – German solar module manufacturer AE SOLAR GmbH opened its new panel manufacturing facility in Hualing Kutaisi Free Industrial zone, Georgia.

This is very good example for other European Companies to make investments and start production in Georgia taking into account benefits of Country’s liberal trade regimes which provide Foreign Companies with a favorable opportunity to access not only the country’s 3.7 m 
residents, but the wider regions’ (2.3 bln.) market. So country should become production hub for the EU Companies, especially through using opportunities offered by Free Industrial Zones in Georgia.

Grand Opening ceremony was launched by the Prime-Minister of Georgia, Mamuka Bakhtadze. The event was attended by EUGBC Top Management and Member companies, Government Officials, representatives of Diplomatic corps, Business Support Organizations and Businessmen Sector The 16,000 square meter facility houses fully automated robotic lines, which generate an annual production capacity of 500 MW.