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March 28, 2016

Qatar’s QSTec to help Turkey develop solar industry

Turkish state energy company Elektrik Uretim Anonim Sirketi has signed a memorandum of understanding (MoU) with Qatar Solar Technologies (QSTec) to develop the nation's solar industry.

Turkish state energy company Elektrik Uretim Anonim Sirketi has signed a memorandum of understanding (MoU) with Qatar Solar Technologies (QSTec) to develop the nation’s solar industry.

The companies will explore areas of mutual interest to develop solar industry in Turkey, aimed at having 3GW of installed solar capacity.

The MoU is in line with Turkey’s plans to bring forward diversified energy sources.

In addition, the partnership will help the country meet its increasing solar energy requirements, reported Qatar News Agency.

"We can make a substantial contribution to Turkey’s renewable energy goals."

QSTec chairman and CEO Khalid K Al Hajri was quoted by the agency as saying: "Turkey’s high solar irradiation is excellent for producing clean solar energy and by working together with the right researchers, investors and local companies, we can make a substantial contribution to Turkey’s renewable energy goals."

QSTec has also signed separate MoUs with local firms Bendis Enerji and Fernas Group to cooperate in solar energy investments.

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Al Hajri was further quoted as saying: "Developing local expertise within the solar industry is an important component in addressing Turkey’s solar energy targets and QSTec and its partners have much experience in this area. We are extremely positive about Turkey’s solar energy future and proud to be a part of it."

The energy needs in the country are anticipated to increase at 6% every year until 2023, with solar energy being a key resource in Turkey’s energy mix.

The continuing decline in solar energy costs would also contribute to Turkey’s aim of developing the solar industry.

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