This 22,000 square
meter facility has been set up in facilities in the Trade Free Zone in Istanbul, Turkey and will create over 1,200 Employment opportunities for Turkish Locals. China Sunergy will start producing Solar Modules from it's 150MW
line starting next month. Also a 100MW solar-cell manufacturing facility is being
built and is expected to come online by March 2013. Also China Sunergy is shifting the 200 megawatts of
production capacity from China.
Turkey to become Sunergy's largest base after China:
China Sunergy said that Turkey will become it's largest production base after China, as they are targeting the lucrative European market. Also the officials said that they are also planning to become part of Turkey's Solar plans. Though Turkey currently has only MW's of Solar PV installed capacity, they are targeting to Install 600MW of Solar Power by 2015. Also Sunergy's Turkish Partner, Seul Energy Investment Corp has plans to
capture the Turkish Solar Market in a substantial way. They have
currently plans of investing in solar
projects in Turkey, which will utilize locally made Sunergy module.
Mr. Stephen Cai, CEO of China Sunergy commented, "We are delighted to see our facilities in Turkey established and ready for production. Solar projects in Turkey
enjoy higher feed-in tariffs when adopting locally manufactured cells
and modules. Therefore, we believe our cooperation with the strong local
partner SEUL Energy will help us capture substantial market share in
the region."
Mr. Cagri Seymen, CEO of SEUL Energy noted: "Turkey's energy demand has dramatically increased over the past decade, and we believe with one of the highest solar radiation in Europe, Turkey is poised to become the next new solar energy dynamo in the region. Moreover, Turkey's
geographical location is ideal as a natural bridge between both
North-South and East-West markets. We look forward to being a successful
player in this region with China Sunergy both in PV manufacturing and PV power plant investment businesses."
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