ReneSola and UCK Group to develop 116MW in Turkey

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
ReneSola and UCK Group have signed a JV to develop a series of PV projects in Turkey with a total installed capacity of 116MW. Source: Solar Array - Fotopedia

Solar manufacturer and equipment supplier ReneSola has partnered with UCK Group, a Turkish solar energy solution provider, to develop a string of solar projects in Turkey with a total installed capacity of 116MW. All of the projects are to qualify under the country’s feed-in tariff (FiT) of US$134/MWh.

The framework agreement follows that UCK Group’s subsidiary Berak Enerji will provide EPC expertise for the plants, while ReneSola, which has warehouses in more than 16 countries across the globe, will design the plants and supply the modules and inverters.

The projects are to be operational under a joint venture in which ReneSola and UCK Group will share 50%, and intend to own 70MW of the projects by early next year.

“We are excited to partner to develop this pipeline of projects in Turkey,” said Xianshou Li, ReneSola's CEO and Atilla Uckardes, CEO of UCK Group, in a joint statement. “This partnership enables both companies to gain traction on the attractive Turkish PV market, while also demonstrating our technology leadership and strong competitive advantages. We look forward to further supporting solar deployment in Turkey with our cost-effective, high quality products.”

Solar activity in Turkey has slowly been on the upturn. Trina Solar, Phoenix and Juwi have all recently been involved in PV projects in the country this year.  

Read Next

May 17, 2022
A total of 122 modules types from 25 manufacturers have been named as “Top Performers” by PV Evolution Labs (PVEL) in its 2022 Module Reliability Scorecard, with some ‘best ever results’ in certain categories and more powerful modules being offset by poor performance in others areas.
May 2, 2022
US thin-film manufacturer First Solar recorded a US$43.3 million loss in its Q1 2022 mostly caused by a drop in sales, with the company expecting a “challenging 2022 from an earning standpoint” given ongoing supply chain constraints.
April 13, 2022
Origis Energy has ordered 750MW of solar modules from thin film manufacturer First Solar, bringing the total quantity of modules Origis has procured from the company to 1.5GW.
March 24, 2022
Solar developer ReneSola Power more than doubled its project pipeline in 2021 and expects to maintain growth this year amid increasing demand for renewables generation as European markets look to achieve more energy independence.
March 11, 2022
Chinese solar manufacturer Risen Energy is to supply modules to energy giant Sinopec's green hydrogen demonstration project in Xinjiang, China, which is claimed to be the world's largest PV-based hydrogen production centre.
March 10, 2022
Module prices are to remain elevated for the next 18 months at least, with any additional manufacturing capacity set to be quickly swallowed by soaring demand and capacity addition outside of China considered risky, Finlay Colville, head of market research at Solar Media, has said.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 7, 2022
Leonardo Royal London City, London, UK
Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
June 22, 2022
Sheraton Austin Hotel at the Capitol, Austin, Texas