News

Qatari, Turkish firms cooperate for Turkey’s solar power

Published

March 27, 2016

Comments

comments icon

0

Share

Published:

March 27, 2016

Comments:

comments icon

0

Share

Qatar Solar Technologies (QSTec) signed a memorandum of understanding on March 26 with Turkish state energy company Elektrik Üretim AŞ to develop the country’s solar industry. Khalid K. Al Hajri, chairman and chief executive of the Qatari company, and Ali Rıza Alaboyun, deputy minister of energy and natural resources of Turkey, attended the ceremony. With a memorandum signed on March 24 in Ankara, QSTec and domestic companies Bendis Enerji and Fernas Group will cooperate in investments in solar energy.

The company from the Persian Gulf monarchy said cooperation will draw upon its strengths, together with its partners, in solar industry expertise, research and development collaboration opportunities and solar energy applications. It holds strategic investments in German solar firms, Qatari newspaper Peninsula’s portal reported. QSTec has a 29% stake in SolarWorld AG, global company that recently announced that it is on target for revenues of over EUR 1 billion for this year. Last year the Qatari company acquired 50% of solar and semiconductor manufacturing equipment technology provider Centrotherm, according to the article.

Related Articles

croatia geothermal energy potential crosco agency osijek

Croatia identifies another city with geothermal potential for district heating

30 August 2025 - The testing of an exploratory well near Osijek has confirmed the area's geothermal potential, says the Croatian Hydrocarbon Agency.

japan osmotic power plant fukuoka

Japan inaugurates world’s second osmotic power plant

29 August 2025 - Japan's first osmotic power plant began operations in early August. The facility in Fukuoka harnesses the natural process of osmosis.

slovenia power distribution voltage energy flows grid solar power plants

Reverse energy flows turn Slovenian distributors into power producers

28 August 2025 - On May 1 and 2, five Slovenian power distribution companies fed more electricity into the transmission grid than they withdrew.

Eco bride Milica Lukić celebrates love with a sustainable wedding

Eco bride Milica Lukić celebrates love with sustainable wedding

28 August 2025 - The wedding of Milica Lukić, a researcher and environmental activist, shows that celebrating love can be ceremonial and moving while remaining sustainable.