Electricity

Turkish Zorlu Energy, US First Solar looking to build solar panel plant in Turkey

Photo: Pixabay

Published

October 24, 2017

Country

,

Comments

comments icon

0

Share

Published:

October 24, 2017

Country:

,

Comments:

comments icon

0

Share

Turkish power company Zorlu Energy Group is negotiating with the US company First Solar on the construction of a solar panel factory in Turkey. Zorlu Energy Group President Sinan Ak told Turkish media that First Solar wants his company to take over solar panel distribution in 26 countries before committing to the construction of the factory.

“If we reach a capacity of more than 1,000 MW of solar panels sold, First Solar will pledge to jointly set up a factory in Turkey,” Ak said.

Zorlu Energy Group signed a five-year contract to become First Solar’s panels first distributor in countries of Eastern Europe, Eurasia and the eastern Mediterranean including Albania, Bosnia-Herzegovina, Bulgaria, Cyprus, Georgia, Kosovo, Libya, Macedonia, Pakistan, Romania, Serbia, Turkmenistan, Ukraine and the Commonwealth of Independent States (CIS), he said.

“We sold 300 MW of solar panels in the first year and plan to sell 400 MW next year. We have made our first foreign sales in the Ukraine and are discussing the sale of 50 MW of solar panels in Kazakhstan,” Ak said but added that “there are no panels on the market at the moment since First Solar has sold all its panels for 2018 and 2019 and is receiving orders for 2020,” Ak said.

Ak said First Solar decided in November 2016 to switch to a new thin film solar panels which means changing from 0.72-square meter panels to 2.2 square meter panels at lower prices.

Zorlu Energy Group was told by First Solar that the American company is now investing in setting up its own production facilities with the goal of doubling its annual solar panel production from 3,000 MW to 6,000 MW at first and later to 10,000 MW. First Solar also wants to get to a level when it will produce 1 kWh of energy for $1.78.

Ak said that Zorlu Energy Group did not give up its plans to establish factories and solar power plants in Turkey after the Renewable Energy Resource Areas solar energy tender but just postoned them because of the agreement with First Solar.

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

bih republic of srpska hydropower plants bistrica tunnels petar djokic

Three hydropower plants on Bistrica river to be finished by end-2026

18 April 2025 - Chinese company AVIC is in charge of building the three hydropower plants on the Bistrica, with a total capacity of 39 MW

albania france kesh afd drin hydropower energy storage

Albania’s KESH, France’s AFD sign MoU on hydropower management, energy storage 

18 April 2025 - KESH and Agence Française de Développement have signed an MoU on the Drin cascade management and advanced energy storage planning

bih federation ephzhb court poklecani urban permit arhaus

Supreme Court of Federation of BiH annulls urban permit for Poklečani wind farm

17 April 2025 - The project is being developed by Elektroprivreda HZHB, one of the three state-owned power utilities in Bosnia and Herzegovina

Minister Admir Sahmanović formally assumes energy, mining portfolio in Montenegro

Minister Admir Šahmanović formally assumes energy, mining portfolio in Montenegro

17 April 2025 - Minister of Energy and Mining of Montenegro Admir Šahmanović was formally voted in as the two ministries that he ran were merged