International Finance

Akfen Renewable Energy to install wind power in Çanakkale and Denizli

Akfen Renewable Energy, wind power plants, renewable energy, solar power, wind, hydroelectric power, Çanakkale, Denizli
The energy company is ready to invest US$403mn to realise the needs of 310,000 households

Turkey’s Akfen Renewable Energy will invest US$403mn in four wind power plants to be installed in Çanakkale and Denizli.

According to the company’s statement, three plants will be built in Çanakkale and the fourth plant will be set-up in Denizli. The power plants will carry a total of 242 MW of installed power. This will generate 835mn kW-h of electricity per year.

A report on Daily Sabah reads: “Akfen Renewable Energy will realise its first wind projects in Çanakkale and Denizli, namely 99 MW Üçpınar wind energy plant (RES), 51 MW Hasanoba RES and 26 MW Kocalar RES in Çanakkale and 66 MW Denizli RES in Denizli.”

The primary focus is to generate energy only from renewables such as wind, solar and hydroelectric power by 2020. The projects are said to commission by end of this year, and will meet the electricity needs of nearly 310,000 households.

Akfen Renewable Energy Deputy General Manager Kayrıl Karabeyoğlu, said: “In an environment where renewable energy sees so much interest in Turkey along with incentives and projects, we will strengthen the clean energy platform we have continuously realized with new investments.”

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