Trade Resources Company News GE Renewable Energy and Turkerler Holding Contribute 50 MW to Turkey's Wind Power Installed Base

GE Renewable Energy and Turkerler Holding Contribute 50 MW to Turkey's Wind Power Installed Base

GE Renewable Energy (GE) announced that an agreement was signed with Türkerler Holding, an Ankara-based wind energy investor, to supply a total of 50 MW of wind energy capacity at the Tire Wind Farm in Izmir. In the scope of the agreement, GE will supply and install nine of GE’s 3.2-103 wind turbines and 13 of its 1.7-103 model for the project. GE will also provide maintenance services for equipment for 10 years.

The strong collaboration between GE and Türkerler Holding at the Tire Wind Farm will contribute to the Turkish government’s goals of reaching 20 gigawatts (GW) of wind power and 30 percent of primary energy supplied from renewable sources by the year 2023.

Kazım Türker, Chairman of the Board, Türkerler Holding said, "We have strengthened our collaboration with GE through our new agreement for the Tire Wind Farm after our Barbaros and Kalfaköy Wind Farm projects. With GE’s turbines, Türkerler Holding’s installed base in wind energy generation will reach to 72 MW in total. We are proud to provide Turkey with more renewable energy through our collaboration.”

Canan M. Özsoy, President & CEO, GE Turkey noted, "As GE Turkey, we are proud to contribute to the development of Turkey's renewable energy portfolio and to play an active role in achievement of our country's renewables goals. It is another matter of pride for us to fulfill our commitment to support the development of local manufacturing and employment in Turkey by incorporating locally manufactured turbine towers and blades. We are very pleased to carry Turkey's energy portfolio one step further through our collaboration with Türkerler Holding and to support the economy.”

The Tire Wind Farm will utilize a combination of GE technologies to adapt to a variety of different wind regimes across the site. GE’s 3.2-103 model on an 85-meter hub height will harness medium to strong wind conditions, and its 1.7-103 model at an 80-meter hub height will support lower wind speed areas.

The Turkish Wind Energy Association (TÜREB) states that Turkey's installed wind power capacity has reached 5,146 MW, based on its statistical wind report released in July 2016. According to the report, the Aegean Region is home to most of the wind power plants in operation. 37.5 percent of the installed wind power across all of Turkey is located in the Aegean Region, incorporating Türkerler Holding's wind plant powered by GE turbines.

About GE

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

About TURKERLER

Incorporating about 100 companies, Turkerler Holding has been performing in construction, energy, textile and property development.  Turkerler Construction, one of the main affiliates, has successfully realized numerous infrastructure and superstructure projects such as natural gas transmission and distribution lines, hospitals, residential buildings, hotels, schools and intelligent building projects, international sports facilities, treatment plants, subways, dams, highways, pressure reducing stations and hydroelectric power plants. As for the energy production industry, the Holding has a large number of investments in various parts of Turkey for Wind, Hydroelectric, Geothermal, Solar and Natural Gas Plants. Izmirgaz Co. supplying natural gas for Izmir region and Vangolu Electricity Transmission Corp. supplying electricity for the Eastern Anatolia are among major energy transmission investments of the Holding. Current investments of the Holding in real estate include Ciftci Towers in Istanbul, Park Yasam Mavisehir and Mahall Bomonti in İzmir and Mahall Ankara. Turkerler Holding has been realizing the investment of Ankara Etlik Integrated Health Campus, which is one of the first and the largest Public- Private Partnership Projects in Turkey in Healthcare Industry with a capacity of 3.566 beds on an indoor area of 1.071.000 sqm, jointly with the Italian Astaldi SpA and also almost same size of investment on İzmir and Kocaeli Integrated Health Campuses jointly with Gama Holding.

For more information, please visit : http://www.ge.com

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