Chero Energy Wind Farm

“Chero Consulting” continues to work to harness the potential of wind energy.

“Chero Consulting” has founded the company “Chero Energy”, which is currently actively working on the renewable energy project “Chero Energy Wind Farm”. Following previous research, the optimal design area for the construction of the wind farm, namely, in Gori Municipality, to the east of the “Ruisi Wind Farm”, adjacent to the Kvemo Sahvshvebi and Natsreti, was selected.

The installed capacity will be 50 MW. The annual generated energy is about 230 million kWh and the maximal investment amount is 55 million USD. The mentioned wind power plant will be built in compliance with all the relevant Georgian and international standards. The suspected construction period of the wind power plant is about 24 months and the connection to the grid is expected by January of 2025.

   Ruisi Wind Farm

Name: Ruisi Wind Farm

Location: Kareli Municipality, Ruisi region

Projected Installed Capasity: 12.6 MW

Projected Annual Production: 63 GWH

Estimated Investment: 15,000,000 USD

Shareholders:

“Chero Consulting” ltd – 90%

JSC “Georgian Energy Development Fund”

On July 10, 2019 the Partnership Agreement was signed between JSC “Georgian Energy

Development Fund” (hereinafter “fund”) and “Chero Consulting” ltd (hereinafter “partner”).

Partners have agreed to establish a joint venture company with the purpose of development

wind farm project at the project area.

“Preparation of  detailed design  for construction of International Meaning Khevi-Ubisa-Shorapani-Argveta Highway (E-60 Autobahn section), preparation of bidding documents, EIA (environmental impact assessment), land foreclosure  and resettlement plan, establishment of communications in the project area and organizing and supervising projects ongoing process for the communication utilities relocation”