Germany's Phoenix Solar has established a Turkish subsidiary, which is to build a 11.2MW PV plant in Amasya. Source: Flickr/PROScott James Remnant
Phoenix Solar, the German international PV systems integrator, has established a subsidiary in Turkey in a new strategy to be close to its Middle Eastern customers.
It is known as Phoenix Solar Yenilenebilir Enerji A. Ş., and will be in charge of customer relations in Turkey and adjacent markets. The new subsidiary should help out Phoenix with its reported project delays in Turkey, which, combined with delays in the US, resulted in lower than expected full-year 2016 revenue and profits.
In its first call of action, the subsidiary has been commissioned by Akfen Renewable Energy, the energy arm of a leading Turkish conglomerate, to construct an 11.2MW PV plant in Amasya, Northern Turkey.
"We are more than pleased that such a renowned customer as Akfen extends its confidence by awarding us this second utility-scale project within less than one year", Robert Moreau, senior vice president Middle East region at Phoenix Solar said. "The move to establish a fully-fledged subsidiary confirms our claim to gain and maintain a leadership position in Turkey and is a token of our confidence that we will be able to sustainably expand our business in this fast growing market and the entire region."
Once completed, the project is expected to produce more than 17,000MWh annually into the local grid.
Phoenix Solar will be responsible for the EPC and O&M of the project, and will oversee the entire construction phase, which is set to begin this month. Completion is scheduled for September 2017.
The contract was signed after the successful commissioning of the first government-licensed project built in Elaziğ.
The present study analyses the levelized cost of electricity (LCOE) of PV utility-scale power plants in the first quarter of 2018. It compares different Jinko modules technologies and shows their future developments till 2020 based on technology and market scenarios. Speaker information: Roberto Murgioni holds a BSc in Electrical Engineering and a Masters of Renewable Energies Engineering. Roberto is responsible for the pre-sales and after-sales activities around Europe. Before Joining Jinko he held a variety of similar positions with Trina and ET solar. Prior to that he covered several roles in the engineering dept. starting in Milan and then Munich as a Project Electrical Engineer for various EPC companies, managing large PV power plant projects in EU and LATAM. If you have any questions you would like to direct to Jinko prior to the webinar, please send them through to Oliver Amos at Solar Media: firstname.lastname@example.org