According to local media Daily Sabah, Turkish photovoltaic manufacturer Elin Energy will invest approximately $400 million (about 2.885 billion RMB) to build a manufacturing plant in Sivas, central Turkey, in July.

The plant will produce semiconductors and photovoltaic solar cells and is expected to begin mass production in the fourth quarter of 2026.

In a media interview, Elin Energy President Arda Yalı revealed that the plant's capacity will reach 5 GW. the project aims to meet Turkey's growing domestic demand for semiconductors and solar cells, while helping to achieve export goals, especially for the US market.

Yalı said, “We plan to use most of the cells produced in the newly built plant for export. 2GW will be used domestically in Turkey and the remaining 3GW will be exported to the US. The investment consists of two phases: first we will have approximately 2GW of capacity operational in Turkey, and second we will produce 3GW when that capacity is up and running.”

“Turkey is still an importer of solar cells, but the plant we will build will fulfill nearly 70 percent of cell imports,” Yalı said, adding that they will soon announce a technology partner to further strengthen their competitive advantage. “In the next three to four years, Turkey will no longer need to import solar cells; it will become an exporter of solar cells.”

Source：https://mp.weixin.qq.com/s/i2CCQv3CB36KZsj5JZVxjA