U.S. group Sunergy Ventures International LLC and Turkeys Tes Koop Temiz Enerji Kooperatifi have signed an agreement to develop a 175 MW utility-scale solar project with the Seydisehir Municipality of Turkeys Konya region.
The companies also have a second 75.4 MW PV project in works with Konya Selcuk University.
The projects will use U.S.-made PV panels, according to Sunergy Ventures.
The companies will sell the power produced by the projects to the Turkish government under a long-term PPA at $0.133 per kilowatt hour.
Praising the Turkish government, Sunergy said the countrys renewable energy policy was providing a clear and stable signal to the market, motivating large amounts of foreign capital, enhancing Turkeys energy independence and creating new jobs.
The companies said they were encouraged by the Turkish governments policies to add large utility-scale projects to their pipeline.
Tes Koop describes itself as "the first renewable energy co-op in Turkey."