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The provisional acceptance of the hybrid solar power plant (SPP) projects, owned by wholly owned subsidiaries of our company, Akfen Renewable Energy, with a total installed capacity of 50.77 MW, as detailed below, was carried out in compliance with the regulations by the Republic of Turkey's Ministry of Energy on February 14, 2025, and commercial energy generation has commenced at the plants.

These projects that have started commercial energy generation are;
- Hasanoba Hybrid Solar Power Plant (SPP) Project, with an installed capacity of 8.41 MW, (license number EÜ/3712-3/2262 issued by the Energy Market Regulatory Authority), located in Çanakkale and owned by Kovancı Enerji Üretim Pazarlama İthalat ve İhracat A.Ş.,
- Kocalar Hybrid Solar Power Plant (SPP) Project, with an installed capacity of 4.95 MW, (license number EÜ/3570-5/2180 issued by the Energy Market Regulatory Authority), located in Çanakkale and owned by Isıder Enerji Üretim Pazarlama İthalat ve İhracat A.Ş. and,
- the first part with a 37,41 MW installed capacity of Üçpınar Hybrid Solar Power Plant (SPP) Project, with a total installed capacity of 39.94 MW, (license number EÜ/3433-10/2085 issued by the Energy Market Regulatory Authority), located in Çanakkale and owned by Derbent Enerji Üretim Pazarlama İthalat ve İhracat A.Ş.

Akfen Renewable Energy, in line with its investment program, is continuing commissioning the first phase of its investments, consisting of hybrid SPP and wind power plant (WPP) capacity increase projects totaling 188 MW. As of 14 February 2025, the company has reached a total installed capacity of 767,3 MW in renewable energy power plants through its subsidiaries.

Upon the completion of the hybrid SPP investments and additional WPP capacity increases under the first phase investments, the company aims to achieve approximately 887 MW of capacity in 2025.


This statement has been translated into English for informational purposes. In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the Turkish version shall prevail.