Turkey's Zorlu will聽invest in domestic solar panel production,聽announced Zorlu Holdings chairman聽on Tuesday in Ankara.
"Today renewable energy equipment prices are decreasing,聽and it has also become particularly attractive due to increased production of domestic equipment to invest in renewable energy and in聽wind farms,"聽said Ahmet Nazif Zorlu, the chairman of Zorlu聽Holdings, one of the聽biggest corporate聽groups in聽Turkey聽at the Energy Markets Summit held in Ankara.聽
Zorlu聽underlined that the growth of domestic production of solar power plants will聽grow exponentially.
The Zorlu group is a major player in Turkey's electricity generation sector with a capacity of 420 megawatts generated from natural gas-combined conversion plants.聽The company operates聽in the search, exploration, drilling, production, and distribution activities of natural gas. It is聽involved in gas distribution activities in Thrace and Gaziantep regions, along with its natural gas extraction and sale activities in Thrace region.
Zorlu also holds licenses for聽upstream oil activities in Adana, Izm谋r and Mugla cities of聽Turkey. 聽
According to Zorlu's chairman,聽the group aims to participate in聽the field of nuclear energy聽in Turkey.
"Nuclear energy must consist of domestic firms. The investment in nuclear energy should be made by domestic firms as much as聽possible. As the Zorlu Group, we are also聽ready to take place in the nuclear sector," said Zorlu.
Zorlu also commented on the price of聽natural gas and its effects on聽power generation聽and聽suggested that incentives on聽coal-fired聽electricity generation plants'聽should continue.
By Huseyin Erdogan
Anadolu Agency
huseyin.erdogan@aa.com.tr