China's photovoltaic inverter maker Sungrow sees Türkiye as a stable, long-term market and is considering ways to deepen its local presence, including the possibility of working with a Turkish partner on local manufacturing, a senior executive told Anadolu.
"In terms of local manufacturing, we might be partnering with a local partner to explore that. But it's not sure yet," Moritz Rolf, vice president of Sungrow Europe, told Anadolu on the sidelines of the company's European Commercial and Industrial Energy Storage Systems (C&I ESS) Summit in Italy last week.
Rolf said the company looks at whether parts of its inverter value chain could eventually be localized.
Sungrow has already built a sizable on-the-ground presence in Türkiye, with a local service warehouse, a repair centre, and teams covering sales, engineering, finance, human resources, and technical services.
"We're planning to invest more in Türkiye for sure, as long as it continues to be a stable market, we will continue to invest," Rolf said.
The company opened its Türkiye office as its fourth in Europe, after Germany, Britain and Italy. Before that, operations in Türkiye were managed from Munich.
Türkiye now ranks among the company's largest European markets, alongside Germany, Spain, the Netherlands and Poland.
Rolf said Türkiye is a well-established, long-term market for Sungrow, with the company first shipping inverters to the country in 2015 and building a local team that has been active for about a decade.
- 'We're aiming to keep high market share in Türkiye'
Türkiye currently has around 30 gigawatts of installed wind and solar capacity and aims to reach roughly 120 gigawatts by 2035 under government plans, which call for annual additions of about 8 gigawatts.
Rolf said those targets help make Türkiye one of Europe's most important renewable energy markets.
"We have a high market share in Türkiye already and we're aiming to keep that high market share," he said. "So for us, it's a very stable long-term market."
While the country's solar photovoltaic market has largely matured, Rolf said Sungrow sees new growth in battery energy storage, particularly in hybrid projects that add batteries to wind farms or existing solar plants.
"So this is where the Turkish market is definitely an important one for us and where we see a big growth that we can still participate in," he added.
By Handan Kazanci in Como, Italy
Anadolu Agency
energy@aa.com.tr
