HiveEnergy plans to build solar energy and energy storage projects in Turkey
HiveEnergy, a British solar company, shared the plan to build 4GW solar energy and battery energy storage in Turkey. The company intends to build these projects in 30 locations across the country, with an investment of about 4 billion US dollars. It has applied for approval to develop co-located solar energy and battery storage projects with capacities ranging from 11MW to 230MW. These projects have been proposed in 19 cities in Turkey, from Gaziantep in the southeast of the country to Balkesir in the west.
Gaziantep solar power plant
Hive said that the grid capacity is expected to be pre-licensed in the first quarter of 2023. After that, the company will start discussions with international funds and financial institutions to attract foreign direct investment to Turkey.
30 solar energy points in Turkey
TolgaMetin, general manager of HiveEnergyTurkey, said that at Hive, we are implementing forward-looking processes related to the project. When the process advanced to a certain point, we began to negotiate with several funds and financial institutions.
There are various professional funding agencies in the UK. Since HiveEnergy has been in contact with these funding agencies for many years, we hope to find suitable partners to fund these projects quickly. Once the permission is obtained in the next few months, the construction process of the project will begin. The current application capacity is equivalent to 350 times of our current installed capacity in this country.
HiveEnergy has been operating in Turkey since 2015 and has completed a project in that country. At present, the company has 26GW development pipelines in 20 countries, including solar energy, batteries, wind energy, green hydrogen and green ammonia projects. Keywords: overseas news, engineering news
In January 2022, it signed a joint development agreement with PublicPowerSolutions and EthicalPower to develop solar energy and battery asset pipelines. The goal of these three companies is to finance, build and manage 250 MW of energy capacity in the next two years.
Next：FlexGen Company deployed a 40MW battery energy storage project in North Carolina
Previous：100 MW Photovoltaic Energy Storage Project in Xiyang
