A consortium of Hanwha Q Cells and Kalyon Enerji Yatirimlari is to build a 1 GW solar power plant in Turkey.
The consortium won a competitive tender for the project, which is known as the Karapinar Yenilenebilir Enerji Kaynak Alani (Karapinar YEKA) project and which will be located in Karapinar, 250 km south of Ankara.
In a statement Hanwha said it would establish 500 MW of fully integrated PV manufacturing capacity locally in Turkey. The project is expected to cost $1.3 billion to build and will be operational within three years.
Hon. Berat Albayrak, Minister of Energy and Natural Resources, said: “We have made an important step in our renewable energy strategy. With this step, we have successfully completed a tender that we will enable us to develop domestic production of cheaper, better quality electricity powered by best-in-class technology and allow us to export energy to adjacent regions.”
He added: “We are here talking about the biggest single land project of 1000 MW (AC) installed capacity of clean solar power. This scale of investment will deliver an important message to the world about Turkey and Turkey’s energy market.”