A new era of energy collaboration is underway in Europe, as the Green Energy Corridor Power Company (GECO POWER COMPANY), a joint venture between Georgia, Azerbaijan, Romania, and Hungary, has officially been registered in Bucharest, Romania. The announcement was made by Romania’s Ministry of Economy on February 4, 2025.
This partnership marks the beginning of a groundbreaking energy project that aims to connect Georgia and Romania through the Black Sea Submarine Cable Project, a 1,155 km transmission line designed to boost regional energy security.
A Bold Step Toward Regional Energy Integration
The Green Energy Corridor is set to play a pivotal role in strengthening energy infrastructure and ensuring a more secure and sustainable energy future for the countries involved. The submarine cable, which will have a 525 kV transmission capacity, will create a direct link between Georgia and Romania, facilitating the flow of electricity between the two nations.
The cable project, once completed, will be one of the most significant renewable energy initiatives in the region. Its feasibility has already been confirmed through comprehensive studies, with the project set for completion by 2030.
Collaborative Effort Among Four Nations
GECO POWER COMPANY will be equally owned by the national energy operators of the four participating countries—Georgia, Azerbaijan, Romania, and Hungary. This collaboration represents a powerful example of cross-border cooperation in the energy sector, uniting diverse nations for a common goal: to enhance energy security and integrate renewable energy resources into the regional grid.
This ambitious venture has already been submitted to the European Commission for recognition as a Project of Common Interest (PCI), a status that could help unlock additional funding and support from EU institutions.
A Step Toward Sustainable Energy
As energy needs continue to evolve, projects like the Green Energy Corridor are critical to ensuring that countries can meet growing demands while prioritizing sustainability. The 1,155 km submarine cable will facilitate the movement of renewable energy sources, such as wind and solar power, across borders—ensuring that energy security and sustainability go hand-in-hand.
This project reflects the broader trend in Europe toward greener, more interconnected energy systems. By working together, Georgia, Azerbaijan, Romania, and Hungary are taking bold steps to ensure a cleaner and more resilient energy future for the region.
