Talesun, MEM to build 1-GW solar module factory in Turkey
Solar panels. Featured Image: foxbat/Shutterstock.com
Talesun Solar Co Ltd, a photovoltaics (PV) manufacturing unit of China’s Zhongli Group, has joined forces with industrial equipment maker MEM Group to build a 1-GW photovoltaic (PV) module factory in Turkey.
The companies have signed a framework agreement for strategic cooperation, Talesun Solar said on Monday.
The production line is planned to cover an area of 40,000 square metres (430,556 sq ft) and will be located in the city of Kahramanmaras, in south-central Turkey’s Mediterranean Region. Talesun Solar will design the layout of the facility, expecting to start operating it at full capacity by the second quarter of next year.
Talesun Solar, which says it already holds a 20% share of the Turkish PV market, intends to add a new-generation TOPCon technology production line at the new factory in 2024. Stable mass production is anticipated to be achieved shortly thereafter.
The project is aimed at expanding the foothold in Turkey of Talesun Solar and MEM Group. "We will jointly optimize and expand the global portfolio, and then open up the target markets in the United States and Europe," said MEM’s vice president Ahmet Teyfik Paksu.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.