ProCredit Bank installs its own solar power plant

TBILISI(BPI)- ProCredit Bank has undertaken another innovative green project. A 500 m² solar panel array has been installed on the roof of its head office building in the centre of Tbilisi at 21 Alexander Kazbegi Avenue, and is already generating electricity. This green investment should result in 130,000 kWh of clean energy being generated annually, which means that 12% of the bank’s total electrical power consumption will be produced with alternative energy.


The bank’s contribution to environmental protection, in particular from the solar power plant project, will be made clearly visible. Data on solar energy generation, reduced emissions and other saved resources will be collated in real-time and displayed on a special-purpose screen on the on the side of the building of the building, thus making the information available to everyone.

It is well-known that eco-orientation plays a strategic role in ProCredit Bank’s activities; this is expressed not just in its everyday banking operations but also in its wide range of environmentally friendly customer services and credit facilities with good conditions as well as the solar power plant that is now going on stream. “We try our best to promote environmentally friendly initiatives by introducing them into our activities. Our demand for energy is growing day after day. Therefore, we decided to make a significant and sustainable investment in this new solar power plant. Unlike fossil fuels, renewable energy is inexhaustible and more environmentally friendly. Alternative energy is the country’s future and ProCredit Bank can boast yet another successful example of investing in this future”, said Alex Matua, General Director of ProCredit Bank.

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