One of Turkey’s largest re-rollers, Agir Haddecilik, has decided to build a new 9.2-MWp solar power plant in Gediz, Kutahya, western Turkey, to meet its facilities’ all electricity demand with renewable energy and to reduce its energy costs as well as carbon emissions.
According to the project document submitted to the Ministry of Environment, Urbanization and Climate Change by the company on Dec. 6 for environmental impact assessment (EIA) approval and seen by S&P Global Commodity Insights, 16,740 photovoltaic solar panels will be installed for the solar power plant.
The construction works at the new solar power plant will begin following the EIA approval and is targeted to be functional within 2024.
Most of the Turkish steel producers have focused on renewable energy investments in recent years, such as solar power plants, as high energy and raw material costs harmed their competitiveness in global markets.
Turkish rebar export prices continued to increase on Dec. 6 amid strengthening scrap import prices into the country and fresh reported rebar deals to Europe.
Platts, part of S&P Global, assessed Turkish exported rebar at $600/mt FOB Dec. 6, up $2/mt on the day.
Author Cenk Can
