Iraq's Energy from Antalya

CW Enerji signed a direct sales partnership agreement with a company operating in Iraq for the sale of its solar energy equipment in Iraq. Within the scope of the agreement, solar energy equipment worth 4 million 600 thousand liras per year will be exported to Iraq.

Exporting the solar panels produced in Antalya Organised Industrial Zone and the technologies developed at the point of electricity generation from the sun to 21 countries in Europe, the Balkans and Africa, CW Enerji signed a direct sales partnership agreement with a company operating in Iraq for the sale of its products in Iraq. Within the scope of the contract, solar energy equipment worth 4 million 600 thousand liras per year will be exported from Antalya to Iraq.

CW Enerji, which started its operations in 2010 with a production capacity of 60 megawatts, gradually increased its annual production capacity to 750 megawatts with a new factory investment of 165 million liras as a result of increasing market demands. The company, which can compete with its competitors in the international arena in terms of quality, will continue to produce in its new 100 per cent automation-oriented factory in accordance with ‘Industry 4.0’ norms in order to compete in price. It aims to increase its exports to many countries of the world from Morocco to Tunisia, Ghana to Germany, Syria to Kosovo to 30 countries in 2019 and 40 countries in 2020 with annual production capacity increases. The company, which aims to increase the annual production capacity of the factory by 30 per cent every year, adds a new one to its strong direct sales partners abroad every day. The company, which shook hands with Ghana last week, has reached agreements for Iraq this time. CW Enerji executives underlined that Iraq has made breakthroughs in electricity generation from renewable energy sources with the new political structuring and wished that the agreement would be beneficial for both countries and both companies.