13,980.41 TRY BIST 100 BIST 100
6.82 CNY CNY CNY
53.48 EUR EUR EUR
45.92 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
43.75 TRY Interest Interest
93.48 USD Fossil Oil Fossil Oil
6.63 USD Copper Copper
113.36 USD Silver Silver
105.03 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,697.11 TRY Gold (gr) Gold (gr)
105.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Nova Steel signed a cooperation agreement for solar energy projects in Erzurum and Çanakkale

Nova Steel has taken an important step to strengthen Türkiye's renewable energy infrastructure. The company will undertake the construction infrastructure for solar power plants with a capacity of 220 MWp in Erzurum and 30 MWp in Çanakkale.

Nova Steel signed a cooperation agreement for solar energy projects in Erzurum and Çanakkale

The engineering, procurement, and installation processes of the projects will be carried out by experienced companies in the sector, CMB Group and HTS Solar Enerji A.Ş. The agreement was signed by Müslüm Kayan, Chairman of the Board of Nova Steel, and Cengiz Ertaş, Chairman of the Board of CMB Group. The cooperation aims to strengthen coordination in project management and technical implementation.

Officials from Nova Steel stated that the completion of the power plants will make a significant contribution to Türkiye’s renewable energy targets. The investments are of critical importance in terms of reducing energy imports and increasing domestic production capacity. Once completed, the projects are expected to increase the share of solar energy in electricity generation and further strengthen the sustainable energy infrastructure.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Railway disruptions in Germany threaten production in the steel industry

Tuesday, June 2, 2026

POSCO Vice President Jeewoo Lim explains the company’s return to full capacity in 135 days following Typhoon Hinnamnor

Tuesday, June 2, 2026

KAM Holding launches investment in a 200,000 ton DRI plant

Tuesday, June 2, 2026

Ben Kinder: Financing remains the biggest obstacle to steel sector decarbonization

Tuesday, June 2, 2026

Worldsteel Open Forum begins in Brussels: Dr. Maryam Golnaraghi warns of early integration and insurance against climate risks

Tuesday, June 2, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now