8 Million USD investment – Ultra-modern solar panel factory launches in Hualing FIZ

On May 21st Hualing Free Industrial Zone hosted the opening ceremony of an ultra-modern high-tech solar panel enterprise, which was established by the German Company AE Solar. The ceremony was opened by the Prime-Minister of Georgia, Mr. Mamuka Bakhtadze. The leadership of AE Solar and Hualing Free Industrial Zone Executive Director – Mr. Soso Nibladze introduced the project to the guests attending. The opening ceremony followed by the event reception. The unique project in the South Caucasus by its scale was established through investments with the volume of 8 million USD. The project is generating an annual production capacity of 500 MW and gradually will create 350 jobs.