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On February 9, 2015 in Guangzhou (China), at the Head Office of the company "Shanhe Energy", was signed the Service Agreement between the companies GHP and GSPI (Georgia Shanhe Power Investment) on design of the Ubisa HPP.
Nine member of Chinese Delegation visited GHP from 30 October to 6 November, 2014.
Delegation members were:

1. President of China Development Bank "CDB Guangdong" branch – Mr. Wu Deli and other bank representatives
2. President of "Guandong Shunhe Energy Industry Co" LTD - Huang Diling
3. President of Turbine Manufacturing Factory "Zhejiang Jinlun Electromechanic Co., Ltd ”- Wang Sheng

Delegation held meeting with the heads of Georgian National Bank and Ministry of Energy.

On November 5, meeting was held with the Chairman of the Government of Adjara Autonomous Republic, Mr. Archil Khabadze.
Guests visited Ubisa HPP (Zestaponi Region) and Akavreta HPP (Adjara, Keda Region), they were introduced to the Projects.
On September 25, Vice Major of Guangzhou Mr. Weifeng Luo and other Members of Guangzhou municipality visited Georgia. On September 26, they met Chairman of Tbilisi City Assembly Mr. George Alibegashvili, where they talked about direct flights between China and Georgia, Organizing Cultural, Economical, Trade events and Development of both Cities.

After this meeting, Chinese delegation visited “GHP” (Georgian Hydro Power) Company.

Management of “GHP” presented their future plans and projects, which should be implemented in partnership with Chinese company (Shunhe Energy). Member of “Shunhe Energy’s” Board of Directors, Mr. Liu and General Director of joint Georgian Chinese Company “Georgian Shunhe Power Investment” were also attending this meeting.

Vice Mayor of Guangzou Mr. Weifeng Luo stated Chinese Government’s readiness to help implementing projects between “GHP” and Chinese side. Also, Chinese Delegation invited employees of “GHP” were invited on business vocation to China.
GHP has submitted Feasibility Study for Ubisa Hpp two options: 4MW and 8MW. Three Parties decides to continue design of Ubisa HPP second version - 8 MW.
During 2013 GHP developed Prefeasibility Study for a new HPP - Zeda Bzhuzha. Preliminary capacity - 9.6 MW, the annual output about 40 million kWh. Work was proposed to company GIEC (Georgian International Energy Corporation) for consideration in October 2013. After a detailed review of the Project, GIEC decided to buy project and apply for a Memorandum to the Ministry of Energy.

In February 2014 between the GHP and GIEC was signed Contract for transfer rights and Prefeasibility Study on Zeda Bzhuzha to company GIEC. In April 2014 was signed the main Contract for the Detailed Project design and author's support of Zeda Bzhuzha HPP. Work was launched in May 2014
Between Georgian Government and Georgina Hydro Power was signed a Memorandum of understanding about construction of Ubisa and Akavreta HPPs. The memorandum signed Minister of Energy Kakha Kaldze and CEO of the company Shamil Birkadze.

Potential projects are in Imereti and Adjara regions. Under the memorandum feasibility studies must be carried out during 15 months after this will be defined technical parameters of the HPPs.
Was signed new Agreement between GHP, Guangdong Sunisland Photovoltaic Technology Co.,Ltd and new Partner - Zhejiang Jinlun Mechanical and Electrical Industry Co., Ltd. on mutual activity for Ubisa Hpp (4MW) and Akavreta HPP (8MW) development.
Was signed Agreement between GHP and Guangdong Sunisland Photovoltaic Technology Co.,Ltd. on mutual activity for Ubisa Hpp (4MW) and Akavreta HPP (8MW) development.