News

ReneSola, UCK plan 116 MW of solar projects in Turkey

Published

May 20, 2016

Comments

0

Share

Published:

May 20, 2016

Comments:

0

Share

Chinese photovoltaics maker ReneSola Ltd. said it will develop 116 MW in solar projects in Turkey in partnership with local sector firm UCK Group, SeeNews reported.

UCK’s Berak Enerji will develop and construct the solar parks, while ReneSola will design them and supply high-efficiency solar modules and inverters. Upon the start of operation, the power plants will be transferred into a new joint venture between Renesola and UCK, each owning 50%. The joint company’s goal is to own 70 MW in operating parks by early 2017. The projects in the planned portfolio will qualify for a feed-in tariff of USD 134 (EUR 119.5) per MWh.

“This partnership enables both companies to gain traction on the attractive Turkish PV market, while also demonstrating our technology leadership and strong competitive advantages. We look forward to further supporting solar deployment in Turkey with our cost-effective, high quality products,” the press release quotes a statement by Xianshou Li, ReneSola’s chief executive officer, and Atilla Uckardes, chief executive officer of UCK Group.

Last month, Chinese solar products maker Trina Solar Ltd. won an order for 40 MW of solar modules from Tegnatia, a Turkish engineering, procurement and construction (EPC) contractor.

Tags: ,

Related Articles

Turkish entity Cyprus energy water deal government Nicosia

Turkish entity in Cyprus offers energy, water deal to government in Nicosia

05 July 2022 - Cypriot Turkish leader Ersin Tatar offered the Republic of Cyprus a deal on hydrocarbons, electricity, renewables and water, but under a two-state solution

offshore wind

Hellenic Petroleum, RWE to develop 2 GW of offshore wind in Greece

05 July 2022 - RWE and Hellenic Petroleum joined forces to explore offshore wind opportunities in Greek waters, aiming at 2 GW in total by 2030

What’s new in Federation of BiH ’s draft law on renewables auctions

What’s new in Federation of BiH’s draft law on renewables?

04 July 2022 - It introduces auctions for the allocation of feed-in tariffs and feed-in premiums for renewable power plants

Romania risk lose EU energy transition funds tight deadlines

Romania at risk of losing EU energy transition funds on tight deadlines

04 July 2022 - The Ministry of Energy of Romania warned the deadline for the renewables tender within the National Recovery and Resilience Plan is too short