Industry: Energy Region: Turkey Transaction price: US$ 1 million Transaction method: equity investment
Project introduction:
A Turkish multinational group company owns a geothermal concession in Turkey, covering an area of 7,550 hectares. The group intends to sell this hot concession area to China energy enterprises, with an estimated investment of US$ 10 million.
A multinational group company integrating logistics, ports, stations, warehouses, infrastructure, industry, renewable energy and real estate projects has now covered 18 countries around the world, including Britain, Netherlands, Spain, Italy, Germany, United Arab Emirates, Iraq, Uzbekistan, Turkmenistan, Azerbaijan, Kazakhstan and Tajikistan.
Turkey has always been at the forefront in geothermal energy development, especially in the western region. The geothermal energy output of 56 power plants in Turkey reaches 1,600 MW (accounting for 3% of the total energy production), ranking fourth in the world. Turkey's geothermal energy production potential can reach 3500 MW, and it is still an attractive geothermal energy producer in the world. Several organic Rankine cycle (ORC) system suppliers are active in Turkey, and 75% of the parts and equipment needed for power plant construction are produced locally.