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Home International Customs Germany

Turkish German firms sign new deal for wind power plant

byCT Report
27/12/2017
in Germany
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BERLIN: Turkish contractor Ağaoğlu’s energy group have signed a TL 735 million accord with Germany’s Nordex Energy GmbH for wind turbines for a 125 megawatt (MW) wind power plant in the southern Marmara province of Balıkesir.

Speaking at the signing ceremony, chairman of Ağaoğlu Group Companies Ali Ağaoğlu underscored that the Ağaoğlu Energy Group continues its investment in the sector. The company ordered German Nordex 19 wind turbines with a capacity of 68.4 MW last year, according to him. This year, the company made two wind power plants in Bursa and Yalova, two cities in the Marmara region, operational. The firm invested TL 700 million in renewable energy in 2016 and TL 400 million this year, Ağaoğlu said and emphasized that energy investments will greatly contribute to a decreasing current account deficit, which is fostered by energy imports to a considerable extent.

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Each investor in renewable energy will positively impact the current account deficit, Ağaoğlu said and continued: “The local production of towers, blades, and generators that we are going to use in Balıkesir Wind Power Plant is another positive contribution to the Turkish economy.” Nordex Energy GmbH Turkey Sales Manager Habib Babacan also thanked Ağaoğlu, which is an important renewable investor, for their trust in the company.

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