Kalyon Enerji's goal is to complete a 1.35 GW solar project in Turkey by the end of this year. The device already has an operating capacity of 227 MW and uses a central inverter from General Electric.
Kalyon Enerji, a Turkish solar module manufacturer and project developer, has obtained a guarantee of 217 million pounds ($291 million) from the UK Export Finance Department (UKEF) for the construction of a 1.35 gigabyte in Karapinar in Konya Province, central Turkey Watt solar project.
The British government said in a statement: “GE Energy Financial Services supports UKEF in agreeing to the transaction, and the UK Export Credit Agency will provide guarantees for a £217 million buyer’s credit arrangement.” “This will enable GE to deploy its first outside the United States. Flexinverter solar technology supports Turkey’s clean energy goals and facilitates trade with British suppliers."
GE Energy Financial Services is an investment unit of General Electric, which manufactures the central inverter that will be used in the Karapinar project. The Flexinverter inverter has been deployed in the first 227 MW section of the solar power plant, which is now in operation. The entire project is scheduled to be completed by the end of this year.
"As the integration of solar technology and the assembly of solar power stations will be carried out in the UK, UKEF's guarantee will help support more than 100 UK jobs," the British government said, apparently referring to the assembly of inverter stations.
Solar modules for photovoltaic projects must be produced in Turkey. The project was originally scheduled to have a capacity of 500 MW and was tendered by the Turkish authorities on the condition that a vertically integrated solar panel factory must be built as part of the development of the solar park.
Kalyon Enerji stated in November 2020 that it plans to increase the production capacity of its silicon ingot to module solar plant in Ankara from 500 MW to 1 GW. The Chinese state-owned conglomerate China Electronics Technology Corporation (CETC) has partnered with Kalyon Solar to develop manufacturing facilities.
The entire project was tendered through the Turkish government's YEKA plan in 2017. The consortium formed by Konya Solar and Hanhwa Q Cells became the winner, but the Korean solar manufacturer finally abandoned the deal a few months later. CECT replaced Hanwha Q Cells as the new project partner in October 2019.
The Turkish government decided in September 2019 to subsidize the facility with a “super reward” of Turkish Lira (US$333 million) of 1.99 billion.
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