KARDEMİR to invest 3.96 billion lira in solar energy plants

Karabük Demir ve Çelik Fabrikaları (KARDEMİR) has announced a major investment in solar energy plants (GES) totaling approximately 3.956 billion lira. The company aims to bring these facilities online by 2028 to enhance energy efficiency and support low-carbon production.

The project targets a total installed capacity of 120.5 Megawatt Peak (MWp). This includes 110.5 MWp for KARDEMİR, 6.5 MWp for its subsidiary Kardökmak A. Ş., and 3.5 MWp for Karçel A. Ş. KARDEMİR stated that the investment is intended to reduce energy costs, increase the share of renewable sources in its total consumption, and contribute to Turkey’s 2053 net-zero emission goals through industrial green transformation.