$3.8 Million SPP Contract Between CW Enerji and Marsala

• CW Enerji continues to secure new business agreements. A contract valued at 3,830,000 USD (excluding VAT and including land costs) has been signed with Marsala Dokuma Boya Sanayi ve Ticaret A.Ş. for the construction of a ground-mounted solar power plant. According to the PDP notification dated July 1, 2024, the project is expected to be completed by the first quarter of 2025.

CW Enerji has signed a new agreement with Marsala Dokuma Boya Sanayi ve Ticaret A.Ş. The contract, valued at 3,830,000 USD (excluding VAT and covering land costs), will facilitate the installation of a ground-mounted solar power plant.

Commenting on the agreement, CW Enerji CEO Volkan Yılmaz expressed his satisfaction with the company’s continued expansion, stating, "We have signed significant agreements with many companies across different industries. Each contract brings vital contributions to our sector. This latest agreement with Marsala Dokuma Boya Sanayi ve Ticaret A.Ş. is another milestone, and we are proud of the USD 3.8 Million contract for the construction of a ground-mounted solar power plant."

Yılmaz emphasized their pride and happiness in launching another project and noted that the completion of the project is planned for the first quarter of 2025.

‘Wherever The Sun Shines’

Yılmaz reiterated the company's commitment to a more sustainable environment, saying, "With every project, we aim to contribute to environmental sustainability while helping companies reduce their energy costs."

He also noted that CW Enerji will continue to drive innovation in the sector by delivering high-value products. "We are working tirelessly to promote the widespread use of solar energy and contribute to a more livable world. We will keep striving to meet customer expectations in the most effective and fastest way possible. With our vision of ‘Wherever the Sun is,’ we will continue adding value to the sector," he added.

We Must Transition to Sustainable Energy Sources

Mehmet Çetin Özel, Chairman of Marsala Dokuma Boya, expressed his pleasure at signing the contract with CW Enerji. He emphasized the company’s commitment to sustainability, stating, "With our solar power plant, we are taking another step toward leaving a more livable planet for future generations. Obtaining energy from clean and renewable sources is crucial for the future of our world. To meet the energy needs of future generations while minimizing environmental damage, we must transition to sustainable energy sources. With this awareness, we are proud to realize our solar power plant as part of our goal to leave a healthier planet for future generations."

Özel elaborated on their sustainability efforts: "At Marsala, we prioritize sustainability across nearly all our operations. Our investments in recycled materials and zero-waste initiatives continue to grow. These efforts are central to our environmentally friendly production philosophy. By investing in solar energy, we are making another significant contribution to our world-class sustainable production. This investment will not only help meet our energy needs but also reduce our carbon footprint. Our dedication to a sustainable future motivates us to pursue more environmentally conscious and responsible production processes. With the realization of our solar power plant, we will take a significant step toward a greener world by encouraging the use of clean energy."