Renewables

Turkey’s Tosyalı to green its steel production with 1.2 GW of solar

Tosyali steel green solar

Photo: Tosyalı Algerie

Published

January 30, 2025

Country

Comments

comments icon

0

Share

Published:

January 30, 2025

Country:

Comments:

comments icon

0

Share

Turkish steelmaker Tosyalı Holding plans to invest nearly USD 1 billion to install 1.2 GW in solar power capacity for self-consumption in eight provinces as part of efforts to increase renewable energy use. The company signed agreements to build 120 MW in peak capacity in Osmaniye in the country’s south.

Steel producer Tosyalı, which has 235 MW of installed solar capacity for self-consumption across all its sites, is further greening its operations. Speaking at the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Fuat Tosyalı, the board chairman, described the new endeavor as “one of the world’s largest self-consumption solar power plant projects.”

The 1.2 GW solar project is targeted for completion in 2027

The first 120 MW is expected to be operational this year, while the full 1.2 GW in capacity is targeted for completion in 2027, the steelmaker said. The project will utilize N-Type Topcon panels of 725 W, produced locally under the Tosyalı V-Solar Brand, the announcement adds.

The agreements for the first phase were signed with GE Vernova, based in the United States, and Turkish engineering, procurement, and construction (EPC) contractor Inogen.

The new project is expected to cover about 50% of Tosyalı’s energy needs from solar power

With the new project, the Turkish steelmaker aims to meet approximately 50% of its energy needs from solar energy, according to Fuat Tosyalı. He stressed that Tosyalı currently emits only around 600 kilograms of CO2 per ton of steel produced, compared with 2.5 tons of CO2 per ton released by other producers.

According to him, steelmakers worldwide churn out some two billion tons of steel annually, with 70% of it produced using coal-based energy.

Established in 1988, Tosyalı Holding is one of the biggest Turkish companies in its branch, operating in Europe and Africa as well. It owned the Željezara Nikšić steel plant in Montenegro until its closure a few years ago.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

YESS Power BESS launch Novaci hybrid power plant third quarter

YESS Power expects BESS launch at Novaci hybrid power plant in third quarter

21 May 2026 - Battery integrator YESS Power's General Manager Sedat Akar showcased the Novaci hybrid power plant at Belgrade Energy Forum – BEF 2026

serbia eu region bef 2026 financing corbo ebrd cerovic unicredit strauss ggf

Renewables financing environment completely reshaped by market instability

20 May 2026 - Representatives of international financial institutions, banks, and funds discussed new financing models at Belgrade Energy Forum 2026

North Macedonia advances toward European guarantees of origin MEMO joins AIB

North Macedonia advances toward European guarantees of origin system as MEMO joins AIB

20 May 2026 - North Macedonia's National Electricity Market Operator MEMO joined the Association of Issuing Bodies (AIB) for guarantees of origin

Serbia OMV Petrom s target Western Balkans renewables investment BEF 2026 Popescu

Serbia is OMV Petrom’s main target in Western Balkans for renewables investment

20 May 2026 - OMV Petrom's VP Narcis Popescu revealed at BEF 2026 that Serbia is its main target in the Western Balkans for expansion in renewables