Black Sea Submarine Cable Project
Sector: Power Transmission • Location: Hungary, Romania, Georgia, Azerbaijan, European Union
Source: MenaFN
A planned 1,200 kilometer high voltage interconnector submarine cable in the Black Sea to enable Azerbaijan and Georgia to transport electricity generated from renewable sources to Europe. The project follows a strategic agreement among Hungary, Romania, Georgia, and Azerbaijan, with the Green Energy Corridor Power Company overseeing implementation. The European Commission committed €2.3 billion t
- Status
- Prospective
- Sector
- Power Transmission, Power Generation (CCGT), Government
- Location
- Hungary, Romania, Georgia, Azerbaijan, European Union
- Updated
- 22 Jul 2026
- Source
- MenaFN
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Project Information
Participants
Sponsoring Agency |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A planned 1,200 kilometer high voltage interconnector submarine cable in the Black Sea to enable Azerbaijan and Georgia to transport electricity generated from renewable sources to Europe. The project follows a strategic agreement among Hungary, Romania, Georgia, and Azerbaijan, with the Green Energy Corridor Power Company overseeing implementation. The European Commission committed €2.3 billion toward the estimated €3.8 billion cost, with commissioning targeted for 2029. |
Original sector | Energy |
Budget |
Location
Country | Hungary, Romania, Georgia, Azerbaijan, European Union |
Source
Source | MenaFN |
URL |
More Details
Record type | Project |
Sector | Power Transmission, Power Generation (CCGT), Government |
Article published date | 2025-09-16 |
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