Amid Political Tensions, Power Firms from Turkey and Germany Partner

Published By : 30 Aug 2017 | Published By : QYRESEARCH

Despite the political tensions between Germany and Turkey, companies from both the countries are planning to collaborate for a project in the energy sector. Turkish company Prime Enerji A.? has recently announced that it will partner with German firm InTEC Energy Solutions to establish a solar power plant in Turkey’s southwestern province of Denizli. The 14-megawatt capacity plant will generate 4 megawatts of power in its first phase of development, expected to start work by the end of this year.

The plant will have a total of 13 central inverters and 52,335 solar panels. The plant, located in Denizli's Çeltikçi region, will source electrical and civil work, engineering, procurement, and installation from Prime Enerji and InTEC Energy Solutions. Additionally, the statement states that the agreements were also signed between the companies for a new solar power project in Turkey’s eastern province Erzurum. Power generation capacity of the plant in Erzurum is expected to be in the category of 11.8 megawatts peak.

Early August this year, another German energy giant Siemens also grabbed a contract for a 1,000 MW wind power project with the company’s two Turkish partner companies Kalyon and Türkerler. The project’s tender witnessed a record feed-in-tariff of $3.48, which is expected to bring about a substantial reduction in power import dependence that total $55 billion per year and bring down electricity prices in Turkey. These collaborations between companies from the two countries is being interpreted as a failure of attempts by Germany to extend to economic realms the impact of recently jeopardized political ties between the countries.

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