Clean energy production from rooftop solar power in Türkiye

TurSEFF loan is helping clean energy production from a 1.28 MWp rooftop solar power plant (RSPV).

Deniz Otomotiv is a textile company in Uşak which aims to invest in solar energy projects in Türkiye. They specifically focus on textile production in the region since 1994. They have production facilities in Tekirdağ and Uşak.

TurSEFF consultant advised company about the innovative ways of reducing its energy costs. The SPP investment will provide the electricity need of the building from a green energy source and the surplus electricity will be fed to the grid.

Company financed the investment by TurSEFF loan blended with technical assistance. During the project implementation TurSEFF consultant performed the project analysis, assessed the potential of energy savings, financial-technical parameters, and risks of the investment.

The company used €680,000 TurSEFF loan from a partner financial institution. As a result of the investment, the SPP will provide 1,667 MWh energy saving. This green energy investment will contribute mitigation of climate change’s negative impacts.

The plant helps reduction of the CO₂ emissions up to 635 tonnes per year.

The Türkiye Sustainable Energy Financing Facility (TurSEFF) was developed by the European Bank for Reconstruction and Development (EBRD) to provide financing for Resource Efficiency and Sustainable Energy investments. European Union (EU) is supporting TurSEFF by providing finance to Technical Assistance.