The Asian Development Bank (ADB) has approved a $104 million loan to assist Georgia in enhancing its energy security. This project, known as the Energy Storage and Green Hydrogen Development Project, will mark the establishment of Georgia's first energy storage facility and explore green hydrogen opportunities in the country. The primary focus will be on adding a 200MW/200MWh Battery Energy Storage System to the transmission network at the Ksani Substation near Tbilisi. This facility is expected to boost energy security, decrease Georgia's dependence on grid stability aid from neighboring nations, and open doors for increased private sector engagement in the energy sector. The project aims to improve the electricity grid's capability to accommodate a higher proportion of renewable energy sources. Additionally, efforts will be made to investigate and potentially implement green hydrogen solutions within Georgia. Overall, this initiative is a significant step towards ensuring a more sustainable and secure energy future for Georgia.