ReneSola, UCK plan 116 MW of solar projects in Turkey

Chinese photovoltaics (PVs) maker ReneSola Ltd (NYSE:SOL) said today it would work on 116 MW of solar projects in Turkey in partnership with local sector firm UCK Group.

UCK’s Berak Enerji will develop and construct the solar parks, while ReneSola will design them and supply solar modules and inverters. Upon the start of operation, the power plants will be transferred into a new 50/50 joint venture between Renesola and UCK. The joint company’s goal is to own 70 MW of operating parks by early 2017.

The projects in the planned portfolio will qualify for a fee-in tariff (FiT) of USD 134 (EUR 119.5) per MWh.

Last month, another Chinese solar products maker, Trina Solar Ltd (NYSE:TSL), won an order for 40 MW of solar modules from Tegnatia, a Turkish engineering, procurement and construction (EPC) contractor.

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