- RES has finalised the sale of a 60-MW wind farm project in Turkey to domestic power supplier Reges Elektrik.
- Demirli was one of five projects that RES won in the 2017 wind capacity tenders held by the Turkish Electricity Transmission Corporation.
UK-based renewable energy group RES has finalised the sale of a 60-MW wind farm project in Turkey to domestic power supplier Reges Elektrik.
The Demirli project has successfully completed the permitting procedures and was granted a production license last month, RES said on Tuesday. The value of its divestment was not disclosed.
Demirli was one of five projects that RES won in the 2017 wind capacity tenders held by the Turkish Electricity Transmission Corporation. The wind park will be installed in Kirsehir, Kaman province, and will be equipped with 10 turbines.
Once up and running, it is expected to have an annual output that will help offset around 80,000 tonnes of carbon dioxide emissions.
The project will bring almost USD 45 million (EUR 38.6m) in direct investment to the public sector over its 25-year lifespan.
Active in 24 countries, RES has delivered more than 28 GW of renewable energy projects globally and has plans to bring an additional 26 GW of new capacity online over the next five years.