A Memorandum of Understanding (MoU) has been signed between our Company and the Fraunhofer Institute for Solar Energy Systems ISE (Fraunhofer ISE), one of the world's leading research institutions in the field of solar energy technologies based in Germany, to evaluate potential cooperation opportunities in research and development activities related to the advancement of solar energy technologies.
Within the scope of this non-binding MoU, the parties will evaluate collaboration opportunities aimed at enhancing the efficiency, optimizing production processes, and reducing the costs of solar panels, solar cells, and related manufacturing technologies domestically produced by our Company. In addition, the implementation of joint R&D projects focused on next-generation solar energy technologies will be assessed.
The Memorandum of Understanding establishes a general framework for cooperation and is non-binding. Should the parties develop concrete projects, separate agreements may be executed following the completion of the necessary technical, legal, and commercial evaluations.
Our investors will be informed of any material developments regarding this cooperation.
Respectfully announced to the public.
In case of a discrepancy between the Turkish and English versions of this public disclosure statement, the Turkish version shall prevail.