YEO Technology has taken another significant step toward realizing the industry’s largest Build-Operate-Transfer (ESCO) solar power plant (SPP) project with a $100 million investment. YEO Technology has partnered with Astronergy, a domestically produced solar panel manufacturer, for the plant.
Astronergy, a BloombergNEF TOP-6 Tier-1 manufacturer and pioneer of TOPCon 4.0 cell technology, will supply the solar panels for the 160 MWp installed capacity plant. The project will utilize high-efficiency solar panels with an output of 615 Wp.
Another significant step has been taken in Turkey’s telecommunications sector’s largest Build-Operate-Transfer (ESCO) solar power plant (SPP) investment. YEO Teknoloji, which completed the $100 million SPP investment, has reached an agreement with Astronergy to supply the high-efficiency solar panels for the project. Astronergy, a BloombergNEF TOP-6 Tier-1 manufacturer and pioneer of TOPCon 4.0 cell technology, will supply the solar panels for the 160 MWp installed capacity plant. YEO Teknoloji’s expert teams will manage the investment and project management of the project, and domestically produced, high-efficiency solar panels with an output of 615 Wp will be used.
Exemplary model in clean energy
Speaking at the signing ceremony, YEO Technology CEO Tolunay Yıldız said: “As YEO Technology, we have completed over 400 projects across three continents. This project, which we have implemented with Vodafone Turkey, is not only the largest solar energy project implemented with the Build-Operate-Transfer model in our country, but also an exemplary model for the transition to sustainable energy. Now, in this important project, we will continue our journey with Astronergy for high-efficiency solar panels produced with domestic technology. Together, we will contribute to Turkey’s renewable energy transformation. We will make a significant contribution. As an institution advancing towards the goal of net-zero carbon emissions, we are delighted to support this transformation. With our 3D decarbonization, decentralization, and digitalization-focused initiatives, we will continue to work for a more livable world, saying, “We think it’s possible.”
Contributing with domestic technology
Ercüment Kaya, Chairman of the Board of Astronergy Turkey, expressed his pleasure in contributing to Turkey’s energy transformation, saying: “As a global energy company operating in the Turkish market, we always offer innovative solutions to our business partners. Today, as part of our agreement with YEO Technology, Astronergy will contribute to Vodafone’s solar energy project, a leading telecommunications company, with Astronergy panels.
We are proud to contribute to Turkey’s energy transformation with our domestically produced, advanced-technology panels. Joining forces with YEO on this large-scale project, which will support Vodafone’s sustainability vision, is invaluable to us. I hope this agreement will be beneficial to all parties.”