Turkish state energy company Elektrik Uretim Anonim Sirketi has signed a memorandum of understanding (MoU) with Qatar Solar Technologies (QSTec) to help strengthen solar industry in Turkey.
Under the terms of the MoU, the companies will explore areas of mutual interest to develop solar industry in Turkey.
The MoU is expected to contribute to the Turkey’s effort to have 3GW of installed solar capacity and diversify energy sources.
The two firms will also help the country to meet its increasing solar energy requirements.
Qatar News Agency cited QSTec chairman and CEO Khalid K Al Hajri as saying: "Turkey’s high solar irradiation is excellent for producing clean solar energy and by working together with the right researchers, investors and local companies, we can make a substantial contribution to Turkey’s renewable energy goals."
Separately, QSTec has signed MOUs with local firms Bendis Enerji and Fernas Group to cooperate in solar energy investments.
Al Hajri added: "Developing local expertise within the solar industry is an important component in addressing Turkey’s solar energy targets and QSTec and its partners have much experience in this area."
The energy needs in Turkey are estimated to increase at 6% every year until 2023. To cater to the power needs, solar energy is expected to be a key resource in the country’s energy mix.
Turkey is expecting that the plunging costs of solar energy would help the country in developing the solar industry.
Image: Turkey aims to have 3GW of installed solar capacity. Photo: courtesy of Naypong/ FreeDigitalPhotos.net.