Ekinciler Demir Çelik, one of Turkey's leading long steel producers, has decided to build a new solar power plant in Eskişehir in western Turkey, according to a project document submitted to the Ministry of Environment, Urbanisation and Climate Change on 21 June.
The plant will consist of 56,700 solar panels with a total capacity of 27 MWe to meet the company's energy needs.
Ekinciler said construction and installation work on the project will start after the environmental approval process and the plant is planned to be operational within two years.
Turkish steelmakers have started to focus more on renewable energy investments, especially solar energy, following the increase in energy prices in 2022. According to data from the Turkish Steel Producers Association, energy costs accounted for 38 per cent of producers' total production costs last year, compared with 8 per cent the previous year.
Fluctuations in energy and raw material costs and stagnant market conditions continue to put pressure on steel prices of Turkish producers.
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