19 Oct 2022 SMART SOLAR WILL INVEST IN İZMİR ESTABLISHING SOLAR VALUE CHAIN
Smart Solar Technologies will make a huge investment in the production of solar panels in İzmir, starting with ingot. While Türkiye is currently the world’s fourth-largest solar panel manufacturer and number one in Europe, Smart Solar’s investment is expected to establish a solar panel value chain also in İzmir city. The fixed investment amount of TL 7.6 billion is foreseen for the Smart Solar project, which will create 2,335 additional jobs. With the investment of The Company, İzmir, which is described as the center in clean energy and cleantech of Turkey, will have an important 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 and energy support, as well as an investment location-allocation. Thus, starting from silicon ingot production, a significant capacity will be reached in the production of wafers, cells and photovoltaic solar panels.
Smart Solar is one of Europe’s leading integrated solar power companies with a presence in Solar IPP, Solar EPC, and PV module manufacturing. Headquartered in İstanbul, Turkey, the Company offers complete solar solutions – from installing solar power plants to providing innovative solar products for both commercial and retail users. Established in the year 2009, Smart Solar has an extensive presence in South East Europe with over 700 employees, 3 manufacturing facilities, and 7 offices located in Türkiye, Romania, Greece, Bulgaria, Germany, Switzerland, and Ukraine.
The job opportunities that Smart Solar Technologies provides in İzmir can be reached at the below link.