Kardemir intends to invest 120.5 MW in solar energy in 2028

Turkish long products manufacturer Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.

Ş. Kardemir announced that, together with its subsidiaries, it is investing in solar power plants with a total capacity of 120.5 MW per year to provide a greater share of its energy needs from renewable sources, while continuing its efforts to achieve its target steel production of 3 million tons per year. It is expected that this will amount to approximately 3.96 billion Turkish liras (80.76 million dollars). invested in projects scheduled for commissioning in 2018 2028.

The company stated that, in addition to increasing production capacity, energy efficiency and low-carbon production are important components of its investment plans. Approaching its steel production target of three million tons per year, Kardemir continues to invest in reducing energy costs and increasing the share of renewable energy sources. sources in the total amount of energy consumption.

110.5 An 85 MW solar power plant will be built in Kardemir.

As part of the planned investments, solar power plants with a capacity of 85 MW will be built. AC networks with a capacity of 110.5 MW DC for Kardemir, 5 MW AC with a capacity of 6.5 MW DC for the subsidiary Kardökmak A.

Ş. and 2.5 MW AC with a capacity of 3.5 MW DC for Karçel A.

Ş..

Accordingly, the total capacity of Kardemir and its subsidiaries using renewable energy sources will reach 92.5 MW AC/120.5 MW DC.

The company said that the process of acquiring land for the sites on which the power plants will be built has been completed. Project development, environmental impact assessment, zoning and other technical studies have also been initiated.

Kardemir aims to reduce energy costs by investing in solar энергетику

With these investments, Kardemir strives to increase the amount of energy consumed. It receives from renewable energy sources, manages electricity costs more efficiently and reduces carbon dioxide emissions into the atmosphere.

The company also strives to ensure that investments contribute to the environmentally friendly transformation of Turkey's industrial sector in line with the goal of achieving zero emissions by 2053.

Kardemir stated that it will continue to invest in a more efficient, competitive and low-carbon production structure by transforming its energy infrastructure along with its production facilities.