RENEWABLE - CW Energy Signs $10.8 Million Contract for Land-Based Solar Projects

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RENEWABLE - CW Energy Signs $10.8 Million Contract for Land-Based Solar Projects

Foreks - CW Energy continues to implement solar power plant projects at full speed. The company signed significant contracts for the installation of ground-mounted solar power plants (GPP) with two clients located in the country. A contract amounting to 10,796,751.00 USD excluding VAT was signed for the installation of GPP.

CW Energy CEO Volkan Yılmaz stated that they have added another partner to the companies they are collaborating with. Emphasizing their ongoing efforts to contribute to Turkey’s renewable energy goals, Yılmaz said, “As CW Energy, we continue to support companies in their transition to clean energy. With every solar power plant we establish, we contribute to a sustainable world, and we take pride in this. By providing environmentally-friendly solutions to Turkey's energy needs, we accelerate the clean energy transformation in our country while also helping companies reduce their energy production costs.”

The project is set to be completed by the end of the second quarter of 2025. Yılmaz noted that due to their experience in the industry and technological infrastructure, they continue to provide sustainable energy sources to their clients and expressed confidence in realizing beautiful projects in this context.

Yılmaz mentioned that a contract worth 3,180,632.00 USD excluding VAT was signed for the installation of a ground-mounted solar power plant between CW Energy and one of its clients located in the country. Additionally, another contract amounting to 7,616,119.00 USD excluding VAT was signed with another domestic client for the same purpose. This project is planned to be completed by the end of the second quarter of 2025. He expressed happiness about contributing to a cleaner world by implementing new projects, stating, “With ground-mounted solar power plants, we will also save hundreds of trees from being cut down, taking a further step towards a sustainable world.”

We act with precision in selecting and applying the right products. Yılmaz reiterated that they will continue to equip rooftops and lands with solar power plants using high-efficiency solar panels. He continued, “Our specialized infrastructure in GPP projects, combined with the latest technology and high-quality solar panels we produce, allows us to meet our clients’ energy needs. Our strong, experienced, and expert team closely follows the latest developments in the industry, ensuring meticulous attention to product selection and application for each project. This approach allows us to create long-term projects with high efficiency and performance values without compromising on quality. Under our slogan, ‘Wherever the sun is’, we will continue to promote solar power plants, assist companies in producing their own electricity, and contribute to a greener nature.”