Kalyon Solar Technologies has secured TRY 1.6 billion ($85.1 million) of funding from the Turkish government to increase the capacity of its vertically integrated solar module manufacturing facility in Ankara, Turkey. It has also secured exemptions from customs tax and value-added tax, in addition to other fiscal sweeteners and employees.
According to a document in the Turkish official journal, the company has secured a total of TRY 3.7 billion for its factory, including the new tranche. With the expansion plan, the ingot-to-module factory's annual solar module capacity will likely increase from 1 GW to 2 GW.
Kalyon inaugurated its manufacturing facility in August 2020. It is part of a wider project involving the construction of a 1 GW solar plant 260 km south of the Turkish capital, in Konya.
The project was tendered by the Turkish government in 2017. A consortium formed by Konya Solar and Hanhwa Q Cells was the winner, but the South Korea-based solar manufacturer walked away from the deal a few months later. Chinese state-owned conglomerate China Electronics Technology Group Corp. (CETC) replaced Hanhwa Q Cells as a new project partner in October 2019.
In October, another Turkish manufacturer, Smart Solar Technologies, secured TRY 7.62 billion of funding from the Turkish government to set up a 2 GW vertically integrated solar module manufacturing facility in Izmir, Turkey.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.