Phoenix Solar establishes Turkish subsidiary, plans to build 11.2MW PV plant for Akfen

Facebook
Twitter
LinkedIn
Reddit
Email
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.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

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.

Earlier this year, Phoenix Solar's Filipino subsidiary was awarded a contract to build four commercial rooftop PV systems, totalling 3.04MW.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 10, 2024
Dallas, Texas USA
Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Napa, USA