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Turkish companies sign deal for solar power plant in Italy

- Total value of contract is €45 million excluding VAT

home > Solar, Europe 30.06.2020 11:06 Sibel Morrow

Turkish companies sign deal for solar power plant in Italy

Turkish companies Naturel Enerji and KURTEKS Tekstil Enerji signed an agreement for the development and construction of a 50-megawatt solar power plant in Italy, Naturel energy said in a statement on Tuesday.

The total value of the contract is €45 million, excluding VAT with Naturel Enerji providing project funding.

The companies will undertake project development, EPC (Engineering, Procurement, Construction) and a PPA (Power Purchase Agreement) on a turnkey basis.

According to the statement, the project is considered one of the biggest in Italy and Europe and is unique for Turkish Investors and EPC contractors in terms of its size, characteristics, location and context.

The plant will be built on solar tracker systems, and the electricity produced will be sold through PPAs to private consumers.

By Sibel Morrow

Anadolu Agency

energy@aa.com.tr


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- Solar PVs are currently cheaper than new coal or gas-fired power plants in most countries due to cheap renewables financing
13.10.2020 Solar

California solar generation drops 30% due to wildfires

- As of Sept. 28, 2020, California wildfires burned an estimated 3.6 million acres, an area about the size of Connecticut
03.10.2020 Solar , Americas

Renewable energy jobs reach 11.5 million worldwide

- Solar energy creates 33% of total global jobs alone while China is top country with 4.4M in employment, a new report shows
30.09.2020 Renewable , Wind , Solar , Hydro

Solar, wind on path to replace global coal generation

- Countries are on same path building wind turbines and solar panels to replace electricity from coal, EMBER stated
26.08.2020 Finance , Coal , Wind , Solar , Renewable

US shipments of solar PV modules rise as prices fall

- Low costs have helped drive growth of solar module shipments, says US Energy Information Administration
20.08.2020 Solar , World , Asia , Americas

Turkey's 1st solar cell integrated plant starts ops.

- Factory will help eliminate nearly $100 million of solar panel imports per year, energy minister Donmez says
20.08.2020 Solar , Invesments , Turkey

Wind, solar generate one-tenth of global electricity

- Wind and solar have captured a-five-percentage points of the market share from coal since 2015
13.08.2020 Coal , Wind , Solar , World

Bosch signs long-term solar deals with 107 MW capacity

- Solar power purchase agreements with RWE, Statkraft, and Vattenfall will provide energy up to 30,000 households
07.08.2020 Solar , Europe

Emirates company to build world’s largest solar plant

- Abu Dhabi-based firm to partner with Abu Dhabi Nat. Energy Co., Masdar, EDF and JinkoPower to build 2-gigawatt solar plant
30.07.2020 Solar , Middle East-Africa

World Bank funds solar project to power 1.4M Ugandans

- Only one in 5 Ugandans living in rural areas have access to sufficient electricity
29.07.2020 Solar , Projects , Energy Projects , Middle East-Africa

Turkey to open 1st domestic solar panel factory in Aug.

- A country without energy cannot talk about being civilized, says Turkish President Recep Tayyip Erdogan
07.07.2020 Solar , Renewable , Energy Projects , Turkey

Turkey to open 1st indigenous solar panel factory in August

- A country without energy cannot talk about being civilized, says Turkish President Recep Tayyip Erdogan
06.07.2020 Finance , Solar , Projects , Turkey

Petronas venture invests in solar energy start-up

- Initiative aims to provide sustainable energy for residential and small-to-medium enterprise sectors in Malaysia
04.07.2020 Solar , Asia

Turkish companies sign deal for solar power plant in Italy

- Total value of contract is €45 million excluding VAT
01.07.2020 Solar , Europe

Weather body checking record Arctic Circle temperature

- Verkhoyansk, Russia reportedly saw temperature of 38 C (100.4 F) on June 22, says World Meteorological Organization
24.06.2020 Renewable , Solar , Eurasia

Adani Group wins single largest solar development bid

- Adani Green Energy Limited will develop 8 GW of solar projects with a combined investment of approximately $6 billion
10.06.2020 Solar , Asia

Turkey determines 7 blocks in E. Med. under Libya pact

- Turkish Petroleum may start new drilling activities in these areas in next 3-4 months, energy minister says
09.06.2020 Natural Gas , Renewable , Solar , Turkey , Europe , Middle East-Africa

Poland gets first EIB loan for 66 small-scale PV plants

- Serving nearly 19,000 households, plants will help reduce 47,000 tons of carbon dioxide each year
28.05.2020 Renewable , Solar , Europe

Time to plan postpandemic economic recovery: IEA chief

- In meeting co-chaired by Birol, participants discuss spurring economic growth through clean energy technology investments
28.04.2020 Renewable , Wind , Solar

Japan's Enechange, Looop invest in Turkish solar plant

- The investment is for 10-year operation of solar power plant in western Turkey
22.04.2020 Renewable , Solar , Invesments , Turkey , Asia

French oil firm Total wins 131-megawatt solar tenders

- Company says solar plants will generate enough renewable electricity to cover needs of nearly 50,000 people
23.04.2020 Electricity , Solar , Electricity

Solar, storage to see 20% fall with COVID-19 impact

- Wood Mackenzie 2020 revises down solar installations by 18% from pre-coronavirus levels from 129.5 GW to 106.4 GW
08.04.2020 Finance , Solar , World

Japanese, French firms to produce organic photovoltaics

- Material will enable world’s top-level conversion efficiency under room light to be reached
25.03.2020 Solar , Asia , General

US solar industry workforce could be halved by COVID-19

- More than 550 solar companies in letter to Congress seek support for solar industry workers
24.03.2020 Renewable , Solar , Americas

Turkey to start local solar cell production on June 15

- Turkey's first solar cell integrated factory set to produce components for 1 GW solar plant in its first three years
14.03.2020 Renewable , Solar , Invesments , Turkey

Turkey projects 66% rise in PV rooftop by year-end

- Employment in renewable sector could reach 80,000 in just a year, head of Turkish section of Solar Energy Society says
12.03.2020 Renewable , Solar , Turkey

Solar is key in cutting Turkish gas imports: GENSED head

- 1,000 megawatts of installed capacity in solar energy will prevent $110 million of Turkey's imported gas: Solar Energy Head
21.02.2020 Solar , Invesments , Energy Projects , Turkey

AA energy desk to host Turkey's solar energy Assoc. Head

- Turkish solar sector developments, regulations, and future plans will be up for discussion
19.02.2020 Solar , Hydro , International Relations

Wind and solar surpass coal in EU electricity in 2019

- Wind and solar provided 18% of total EU electricity generation last year, while coal provided 15%
06.02.2020 Coal , Wind , Solar , Europe

Wind, solar to generate most new US power in 2020

- Of 42 GW of new additions, wind is expected to account for largest share at 18.5 GW, or 44%
16.01.2020 Coal , Wind , Solar , Americas

Renewables surpass coal in US electricity in April 2019

- Renewables provided 23% of total US electricity generation in April last year, while coal provided 20%
04.01.2020 Coal , Solar , Americas

Highlights of global energy market in 2019

- Tensions between US and Iran, oil tanker attacks in Middle East and the climate crisis were hot topics in 2019
22.12.2019 Electricity , Natural Gas , Oil , Nuclear , Thermal , Lng/Lpg , Refining/Petro Chemistry , Wind , Solar , Hydro , Geothermal/Biomass , Projects , Oil , Natural Gas , Electricity , Energy Diplomacy , Energy Security , International Relations , News from companies , World , Turkey , Europe , Eurasia , Americas , Middle East-Africa , General

Economic downturn affects solar installations in India

- Annual target for financial year 2018-2019 set at 11 GW, out of which the sector installed around 6.5 GW, GlobalData says
17.12.2019 Solar , Asia , General

Solar energy big hit amid Zimbabwe’s energy crisis

- Alternative gaining ground as power cuts intensify nationwide
11.11.2019 Solar

Solar PV market set for growth over next 5 years: IEA

- Distributed solar PV to be key part of 50% increase in global renewable power capacity, according to IEA's report
21.10.2019 Solar , International Organization

UK seeking stronger post-Brexit trade with Turkey

- British Chamber of Commerce in Turkey is heavily promoting Turkey in energy and technology to UK companies
09.10.2019 Wind , Solar , Invesments , Turkey , Europe

Eni boosts investments in Australian solar projects

-Eni's new solar projects in Australia to supply clean energy to over 5,000 homes each year
03.10.2019 Finance , Solar , Asia , General

Google to expand global wind, solar stake via 18 deals

- These deals will increase Google's worldwide wind and solar energy portfolio by more than 40% to 5,500 megawatts
21.09.2019 Wind , Solar , Renewable , General

Global renewable power additions to jump 12% in '19: IEA

- After stalling last year, renewable power capacity additions to hit double-digit growth in 2019, Int. Energy Agency says
21.09.2019 Solar , Renewable , World

Turkey's Zorlu Energy establishes company in Palestine

- Company plans to install 1.8-megawatt solar power plant to meet Palestine's electricity needs
30.08.2019 Solar , Energy Projects , Middle East-Africa , General

Turkey's elec. prod. from unlicensed solar up 23.8%

- Unlicensed solar power plants produced 4.410 GWh of electricity between January-June, according to energy ministry
29.08.2019 Electricity , Solar , Turkey

Enel starts construction on Chile’s largest solar plant

- Facility to have approximately 382 megawatts of installed capacity and avoid more than 900,000 tons of carbon emissions
28.08.2019 Solar , Americas

ExxonMobil enters carbon capture tech. development deal

- ExxonMobil and Mosaic Materials to evaluate opportunities for industrial uses of Mosaic's innovative new technology
28.08.2019 Solar , Americas

Turkey's Naturel Energy Co. goes public

- Company's initial public offering on Monday is valued at around 70 million Turkish liras
09.08.2019 Solar , Invesments , Turkey

India leads with lowest renewable cost in Asia Pacific

- Australia’s solar power to be cost competitive against coal next year
30.07.2019 Solar , Renewable , Asia , General

Global solar PV installations set to hit record in 2019

- Wood Mackenzie estimates that global annual solar installations will rise to around 125 gigawatts by early 2020
26.07.2019 Finance , Solar , Asia , General
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