Chinese Talesun is Set to Invest in Solar Energy in Turkey
The panel marker and photo voltaic module brand Talesun has joined the series of Chinese companies that are investing in the solar energy market in the turkey. The company has started to go in to the partnership with the local company named Ega trade in order to build equal joint venture under the new name of Talesun Anadolus solar enerji, the intention is to start the plan and its implementation of solar energy projects in country.
The joint venture of Chinese and Turkish is to build up 50 megawatts at start and by using the turkey solar potential, according to the trade executive of Ega, who said the solar panel manufacturing may be considered in later years.
There is a lot of Chinese companies with likes of NARI, and Yingli Solar have entered in the market in last few years. Entrance may be joint venture shape or setting up their own office in the country. After the investment of about 600 million USD the Chinese company is started to ship their solar panel and its module to different clients in Europe.
There is a direct sunlight to major areas of the country which leads to solar irradiation to reach the level of 1, 500 KWh per SQM. Along with the policy presented by the government on leaning towards domestic and new renewable sources of generation of power, the solar energy market of turkey has become the hot and attractive investment for the investors across the globe. The tariffs have been increased by the government and they have also lifted the option of getting license requirement for solar energy projects that are up to 1 megawatts capacity.
Join The Discussion