Solar energy in a nutshell

Nuts L LLC
Senaki, Georgia
100 kW installed capacity solar power plant
Investment Size
US$ 56,000
Financial results
Payback in 4 years
Electricity savings
200 MWh per year
CO2 savings
71 tonnes per year
Developing a sustainable processing business
Nuts L LLC, a company founded in 2011 and based in Senaki, Georgia, has been processing and exporting hazelnuts since 2011. Their annual production capacity is approximately 5,000 tonnes. The facility offers hazelnuts in various forms: shelled, unshelled, roasted, diced or finely ground.

After electricity rates increased, the management of the company began looking for ways to reduce their utility bills. In 2022, they decided to invest in a solar power station with the help of the EBRD’s GEFF.

Thanks to solar power, Nuts L is now not only able to generate power for their own consumption, but can also save approximately 200 MWh of energy each year. These savings will allow the company to pay back the investment in just four years.

“We are happy to contribute not only to the development of export activities in Georgia, but also to the country’s commitment to reduce CO2 emissions”, – says Zaza Lorchoshvili, the director of Nuts L LLC.

The project is supported by the Green Climate Fund (GCF) and the Austrian Federal Ministry of Finance (BMF).