The company plans to establish a total of 37 MWe of ground-mounted solar power plants across three separate facilities in the Derik district of Mardin province. In this context, the company reported that its application to Dicle Elektrik Dağıtım A.Ş. was approved and that it has received a grid connection invitation letter.
Regarding the project, Çemtaş initiated the Environmental Impact Assessment (EIA) process by applying to the Republic of Türkiye’s Ministry of Environment, Urbanization and Climate Change on September 17, 2025. Following the completion of the necessary permits, the company plans to apply to the Ministry of Industry and Technology for an “Investment Incentive Certificate.”
Çemtaş stated that the project is expected to become operational in the fourth quarter of 2026. Once completed, the company estimates that, together with its existing solar energy investments, nearly 100% of its electricity consumption will be met by its own renewable energy generation.
In its disclosure to the Public Disclosure Platform (KAP) regarding this investment decision, the company stated:
“In line with our sustainability goals and to reduce the company’s carbon footprint and contribute to environmental protection, a new renewable energy investment has been decided upon due to high energy costs.
In this context, with the Board of Directors’ decision dated 19/06/2025 and numbered 2025/24, an application was submitted to Dicle Elektrik Dağıtım A.Ş. to establish three separate ground-mounted solar power plants in the Derik district of Mardin, with a total installed capacity of 37 MWe. The technical evaluation of the application has been concluded positively, and a grid connection invitation letter has been sent to our company.
The Environmental Impact Assessment (EIA) process has been initiated with an application to the Ministry of Environment, Urbanization and Climate Change. Following the receipt of necessary permits, an application will be made to the Ministry of Industry and Technology for an Investment Incentive Certificate. Upon completion of the project, it is anticipated that approximately 100% of the company’s electricity consumption will be met by our existing and new solar energy investments.”
The company also reminded that, based on the uncertainties in the application process, land acquisition, and administrative and economic risks depending on external factors, it had previously decided to postpone public disclosure of the project under Article 6 of the Capital Markets Board’s (CMB) Communiqué on Material Events Disclosure No. II-15.1, in line with the Board of Directors’ decision dated 19/06/2025.
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