We Have Signed an Agreement With Harbin Electric International (Tianjin) Co., Ltd. to Cooperate in Renewable Energy Business.

We are pleased to announce that our company, which continues its activities in the renewable energy sector with domestic and international projects and investments, has agreed to cooperate in the area of renewable energy with Harbin Electric International (Tianjin), a leading Chinese engineering and construction company specialised in power generation, power transmission and light industrial projects worldwide.

On June 13th, our General Manager Abdullah Göktekin and Xia Lei, President of Harbin Electric International (Tianjin) have signed a strategic partnership agreement, which will enable our company and Harbin Electric International (Tianjin) to develop renewable energy projects in Turkey and abroad. With this strategic partnership, both companies aim to tone up their competitiveness in international markets by sharing their sectoral know-how and resources.

Within the scope of the agreement, we will commence commercial cooperation with Harbin Electric International (Tianjin) in multiple areas including, but not limited to, biomass projects, storage technology, PV projects in Turkey and abroad where we have plans to invest.

For potential energy projects both at domestic level and neighboring countries, the parties will deepen their cooperation and jointly provide the necessary contributions for the realization of the projects. We wish this strong cooperation to be beneficial for both companies and the industry.