Hanwha Q CELLS and Kalyon Enerji won Turkish PV tender at a bid of 6.99 US-ct/kWh

20.03.2017
6.99 U.S.-ct/kWh was the bid for a 1 GW solar power plant in Turkey (photo: iStock)
6.99 U.S.-ct/kWh was the bid for a 1 GW solar power plant in Turkey (photo: iStock)

A 1 GW tender for the biggest renewable energy project in Turkey's history was won by a 50-50 percent joint venture formed by Hanwha Q CELLS and Kalyon Enerji. Both companies will build a 1.000 MW solar power plant in the Karapınar region in Turkey with the bid of 6.99 US-ct/kWh (6.51 Euro-ct./kWh).

According to the tender rules, this price will be valid for 15 years, while companies have 30 years of usage rights. As prerequisite all components that will be used in this project must be manufactured locally. Kutay Kaleli, President of the International Solar Energy Society’s Turkey Division (GUNDER) commented on this decision: ''First of all, we congratulate Kalyon Enerji and Hanwha Q CELLS, who won the competition representing Turkey solar energy industry, for these important achievements. I have no doubt that this project, to which our Ministry attaches great importance, will be completed before the specified time-frame. With the conclusion of the competition, Turkey has already made the biggest step towards the establishment of solar energy investments, and more importantly, a domestic and national solar energy industry.”

As a result of this competition, the price quotation for the 19th round was below the psychological limit of 7 U.S.-ct/kWh. Investments in the 1 GW solar power plant aggregate to 1.3 billion U.S.-$. The power plant is expected to start operation within 36 months at the latest and will include a domestic 500 MW factory that will be operational within 21 months at the latest.

As of the end of February 2017 Turkey's solar power capacity was 899 MW. This capacity includes two licensed power plants with a total of 12.9 MW and other power plants operating under the unlicensed regulation.

Volker Buddensiek

Similar Entries

Upsolar announced a new milestone after being awarded a contract by Hilvan Enerji to supply solar panels for a 23.6 MW solar farm in Hilvan, Sanliurfa, Turkey. When operational, the power generated by the facility will be able to provide enough electricity to power approximately 17,500 households to the region.

The Turkish subsidiary of IBC SOLAR has completed another large-scale solar energy project with a total capacity of 3.43 MWp in the province of Niğde. The plant will produce 6 million kilowatt hours of solar power per year for grid feed-in.

LM Wind Power, a GE Renewable Energy business and leading designer and manufacturer of wind turbine blades, announced today that it has begun production at a new factory in Bergama, Turkey. The facility, which is located in Bergama Organized Industrial Zone (BOSBI), is expected to manufacture and distribute an annual capacity of 500 MW with the capability to expand to 1.5 GW.

The German juwi group, one of the world’s leading project developers and EPC service providers in the field of renewable energies, successfully put into operation two large solar projects in Turkey. The first project consists of an 18.6MW portfolio which is located in the cities of Konya and Nevşehir, the second one is located in the city of Burdur and has an installed capacity of 1.1MW.