Hanwha Q Cells, Kalyon Enerji win 1GW solar power plant in Turkey
Mar 28, 2017 – A consortium formed by Hanwha Q Cells and Turkish firm Kalyon Enerji has won the tender to build a 1GW solar power plant in Turkey.
Expected to be the region’s largest project of kind, the new solar power plant will be established in the Karapinar region at a tariff of US$0.0699/kWh.
Estimated to cost $1.3bn, the project will have an installed capacity of 1,000MW (AC) and will generate enough electricity to power more than 600,000 households.
The consortium will also establish 500MW of fully integrated PV manufacturing capacity in the country. It will be operational within 21 months.
Murtaza Ata, Kalyon Energy Group president, said: “This is a big step towards reducing the external energy dependency on which the Ministry has been focusing over the past year.
“With this project, Turkey’s external energy dependency will decrease. This project shall also open opportunity window to extend solar business beyond our borders since Turkey has a significant geographical importance due to its close proximity to the Middle East and North Africa, where solar power potential is quite significant.”
Hanwha Q Cells chairman and CEO, Seong-Woo Nam, said: “We are excited to be a part of this historic milestone energy project in Turkey and the region. We will bring our leading technology and operations expertise to bring environmentally sustainable energy solutions to Turkey and to support the Turkish government’s aim to be energy independent.”
The power plant is expected to become operational within 21 months.