[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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New Business Relation
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Hayır (No)
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Hayır (No)
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Müşteri (Customer)
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Domestic corporate company
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14/02/2025
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Positive impact on our sales and profit
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Explanations
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Our company also provides all necessary end-to-end services, starting from the Project Development stage for Solar Power Plant installations, in order for its customers to have renewable energy systems to reduce the environmental damage of the maximum amount of energy used, and to minimize their carbon footprint and greenhouse gas emissions.

In this context, 2 separate contracts amounting to a total of US$ 81,978,421, excluding VAT (USD 46,055,670 excluding VAT and USD 35,922,751 excluding VAT) were signed between our Company's subsidiary Smart Güneş Enerji Ekipmanları Pazarlama A.Ş. and a domestic corporate customer for turnkey land type solar power plant installation services (design, engineering, supply, installation, testing and commissioning - including substation and transmission lines), including project development works (obtaining land use rights, connection opinions, EIA reports and building licenses, etc.) within the scope of Article 5.1.h of the Unlicensed Electricity Production Regulation.

In the solar power plants, the domestic Photovotaic Solar Panels produced by using domestic Photovotaic Solar Cells (produced by our Company) will be used.