Turkey: Establishing a solar panel value chain
Turkey is currently the world’s fourth-largest solar panel manufacturer and number one in Europe. Smart Solar is expected to establish a solar panel value chain in İzmir. The fixed investment amount of TL 7.6 billion is foreseen for the Smart Solar project, creating 2,335 additional jobs.
İzmir, described as the center in clean energy and cleantech of Turkey, will have the essential infrastructure in the solar industry following the wind industry.
The project will be provided a VAT exemption, customs duty exemption, employer’s insurance premium share, qualified personnel, energy support, and an investment location-allocation. Thus, starting from silicon ingot production, a significant capacity will be reached in producing wafers, cells, and photovoltaic solar panels.
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