GE, Fina Enerji sign deal for eight potential wind projects in Turkey

GE, Fina Enerji sign deal for eight potential wind projects in Turkey

GE, Fina Enerji sign deal for eight potential wind projects in Turkey

GE Renewable Energy and Fina Enerji signed an agreement on March 12 to work on eight potential projects providing up to 410 megawatts (MW) by the end of 2020, the companies have said in a statement. 

With a previous agreement signed in 2017 for the Kızılcaterzi Wind Project, Fina Enerji is expected to add up to 425 MW to their installed base by 2020, according to the statement.

The signing of the agreement — which calls for GE to supply its GE’s 3.8-130 wind turbines and related services and long-term services for projects — was witnessed by GE Chair and CEO John Flannery and Chairman of the Board of Fina Enerji Murat Özyeğin.

The wind farms are intended to start commercial operations in 2019 and 2020 to be located across different regions of Turkey, read the statement.

“Our installed base in wind power will be reaching from 336 MW up to 761 MW in two years through the agreement we signed in 2017 and the agreement we signed today. We are particularly pleased to continue our journey with GE, our long-time business partner, which is extending its contribution to local production,” Özyeğin said.

In April 2017, GE and Fina Enerji announced their agreement to broaden their cooperation by entering a comprehensive 10-year Full-Service Agreement (FSA), complemented by a two-year trial of GE’s Predix-powered Digital Wind Farm solutions for Fina Enerji’s existing wind farms.

“Our commitment to Turkey is a holistic one, in addition to working toward renewable energy targets, GE is fully committed to supporting and advancing local manufacturing and employment in Turkey. GE’s LM Wind Power blade factory, which last year started manufacturing in [western province] İzmir, is a testament to this,” said Manar Al Moneef, general manager of GE’s Onshore Wind Business in the Middle East, North Africa and Turkey regions.

GE Renewable Energy, General Electric, Fina, energy, Turkey, economy