CHINT PV project once again settled in Turkey

Mondo Finance Updated on 2024-01-30

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Recently, CHINT signed a cooperation agreement with its partner Y LD Z Holding in Turkey, according to which CHINT Turkey Branch will provide ground-mounted photovoltaic project development and construction services for AYTA G DA, a subsidiary of Y LD Z HOLDING.

Recently, CHINT signed a cooperation agreement with its partner Y LD Z Holding in Turkey. According to the agreement, CHINT Turkey will provide ground-mounted photovoltaic project development and construction services for AYTA G DA, A subsidiary of Y LD Z HOLDING. It is reported that the project is located in ANK R, Turkey, with an installed capacity of 6 MWP, and the project will be carried out using CHINT's "build-operate" model. Nan Cunhui, Chairman of Chint Group, and Mehmet Tütüncü, Vice Chairman of the Board and CEO of Y LD Z HOLDING, attended the signing ceremony.

Founded in 1944, Y LD Z HOLDING is one of Turkey's oldest food production enterprises, after nearly 80 years of development, the company now has 300 brands and provides safe and healthy food for the world. According to Mehmet Tütüncü, Y LD z Holding has always adhered to the sustainable development concept of "the world is ours" and promoted the company's green transformation journey. Y LD Z HOLDING is willing to work together with all sectors to support the goal of green transformation through concrete actions. AYTA G DA, a subsidiary of the Y LD Z Holding group, has so far successfully implemented a number of energy projects, including investment in photovoltaic power plants and the use of clean electricity, which has brought it closer to the "zero carbon" goal. The signing of the ANK R project will help to achieve the goal of generating the plant's electricity needs entirely from renewable sources. Y LD Z HOLDING will further expand its investment in the renewable energy sector and continue to do so in its other companies.

In order to serve the needs of global energy transition, CHINT established a branch in Turkey many years ago to carry out localized operations, be close to the market, pay attention to local energy transition, and carry out energy project development, investment and product sales. Ercüment Kaya, a member of the Board of Directors of CHINT Turkey, said that CHINT is effectively contributing to Turkey's renewable energy infrastructure by developing and building PV projects with its partners, and is very pleased to contribute to the green transformation of AYTA GDA. CHINT will use its own photovoltaic modules, and it is expected that the clean electricity generated after the completion of the project will meet the relevant energy needs of AYTA GDA, thereby reducing the company's carbon emissions and energy costs. At the same time, as a global energy company, CHINT has business in 140 countries around the world and has about 40,000 employees, committed to providing customers with innovative energy solutions, and the company will further serve the Turkish market and achieve win-win cooperation with all walks of life.

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