We signed a binding Letter of Intent with a subsidiary of an international group based in Romania for the turnkey construction and the sale of the solar power plants&integrated energy storage systems developed by DEFIC Globe Enerji A.Ş. (Defic Globe)—in which our company holds a 51% stake— in Romania
In addition to turnkey construction, the contract—which includes development activities such as grid connection approval, land acquisition, and obtaining all necessary permits and licenses—will take effect once the power plants are ready for installation, with a total contract value of 20.528 million EUR.
Under the agreement, engineering services for the power plants, the installation of power transmission lines, and the turnkey construction of energy storage systems will be carried out by our Group companies. The energy storage systems to be used in the project will be supplied by our Group company, Reap Battery A.Ş.