The UK and Poland have provided a €249 million loan guarantee, facilitated by Standard Chartered Bank, to support Kalyon Enerji, a Turkish renewable energy firm. This funding will be directed towards the development of Turkey’s second-largest solar power project.
The project involves constructing and operating solar power plants across seven different locations, with a total generating capacity of 390 MWp. These sites are distributed across the provinces of Bor-Nigde, Gaziantep, and Sanliurfa-Viransehir.
The solar power project is expected to produce enough renewable electricity to power more than 65,000 Turkish households annually.
This project marks a significant boost to Turkey’s renewable energy sector. The new solar power plants will further enhance the country’s renewable energy availability.
