Enerjisa Enerji and Çimsa to build the largest solar power plant of the cement industry in Afyon with an investment of TL 52 million

Enerjisa Enerji, Turkey's leading electricity distribution and retail sales company, 20 precent of which is publicly traded and main shareholders are Sabancı Holding and E. ON SE, and Çimsa, the global brand of Sabancı Holding, has initiated a significant partnership. Operating with the goal to improve its environmental performance and contribute to a sustainable life, Çimsa gets prepared to build one of the largest solar power plants of the Turkish cement industry at its Afyon Factory in collaboration with Enerjisa Enerji.

Developing solutions to increase consumption of renewable energy with its sustainability- and savings-oriented products under the umbrella of Energy of My Business, Enerjisa Enerji will install 7,479 solar panels to the area belonging to the Afyon Factory of Çimsa.

Total investment cost of the project is TL 52 Million

The power plant, which will be installed with an investment cost of TL 52 Million at the Afyon Factory of Çimsa, will have an installed capacity of 3.4 MWp and generate 4.2 million kWh of electrical energy per annum.

The Solar Power Plant (GES) project, which will use 7,479 solar panels installed over an area of 60,000 m² and will be put into operation in the second quarter of 2023, will prevent the emission of approximately 2,750 tons of carbon dioxide (CO₂) per annum. Enerjisa Enerji will contribute Çimsa to become a role model in the cement industry in terms of energy conservation by generating its own electricity from renewable resources.

Electricity generation from the Solar Power Plant to be monitored 24/7 and insured against natural disasters

The Solar Power Plant of Enerjisa Enerji, which offers innovative solutions that enable its customers to save energy and increase the use of renewable energy thanks to the environmentally-friendly products offered under the umbrella of Energy of My Business, will be monitored 24/7 via a remote access system, and all maintenance and repair works will also be carried out by Enerjisa Enerji for the SPP to operate with high performance. The power plant will also be insured by Enerjisa against earthquakes as well as other natural disasters and possible external factors, considering all scenarios. The solar panels will be equipped with Halfcut Monoperc technology, which ensures high efficiency at low temperatures and offers excellent resistance to external factors. This partnership will enable Enerjisa Enerji to increase its total installed capacity to 26 MWp.

At Enerjisa, we have reduced our carbon footprint as much as the impact of a forest covering a size of 100 football fields

Underlining the necessity of transitioning to a low-carbon economy in order to achieve a global sustainable development and highlighting the significance of sustainable resources such as solar and wind energy in this fight, Murat Pınar, CEO of Enerjisa Enerji, stated, “The energy requirement of our country, which is going through a rapid industrialization and urbanization period, increases every day. However, from which resources we will meet this requirement is very critical for companies like Enerjisa which invest in a carbon neutral future today. As far as the economy is concerned, our energy imports in the past 5 years are around US$ 200 billion. It is possible for us to close this gap, even achieve further, by utilizing domestic and renewable resources in energy. Therefore, every step to be taken in this field will of course result in great contributions to our country.

At this point, we, at Enerjisa, continue offering our customers solar power plants that are renewable and efficient resources thanks to our investments achieved under the umbrella of Energy of My Business.

We are also pleased to contribute to the goals that our country as well as the entire world would like to achieve for a better future with the solar power plant that we will put into operation at the Afyon Factory of Çimsa, which has adopted contributing to a sustainable life as its roadmap.”

Stating that they put all their efforts to fulfill the requirements of green transformation at Çimsa, Umut Zenar, CEO of Çimsa, remarked: “I should mention in the first place that utilizing sustainable resources such as solar and wind energy in tackling climate change plays a critical role in the energy strategies of countries. A massive transformation is required to start consuming renewable energy in order to halve global emissions by 2030. During this transformation, we, at Çimsa, put all our efforts to fulfill the requirements of green transformation and achieve sustainable development with the goal to maintain our position to be a part of the circular economy. As part of our sustainability strategy, we continue to focus on reducing carbon footprint, energy efficiency, and environmentally-friendly products, etc. We believe that our solar energy investment that we will implement in line with our strategy will contribute significantly to the reduction of emissions, which is a common global problem” regarding their Afyon investment.



Fact sheet:
What is Enerjisa Energy Performance Model (Performance Based Business Model)?
In the Enerjisa Performance Based Business Model, a long-term contract is drawn by and between Enerjisa and the companies/organizations that would like to build a power plant. Payments are based on the production performance of the installed solar energy power plant. Throughout the contract period, Enerjisa provides free consultancy services and guides its customers at every stage of solar energy conversion.

Advantages of Solar Energy Systems for Companies/Organizations:
1. It is possible to convert to solar energy without the investment cost.
Enerjisa undertakes the financing of the investment required for establishing Solar Energy Power Plants. Prior to the installation of the solar energy system, Enerjisa conducts field studies, develops and implements the project, and provides maintenance and repair services throughout the contract.

2. With Solar Power Plants, you generate electricity at the location of consumption and save money.
The more energy is produced by the solar energy power plant, the less electricity is required to be purchased, thus saving is achieved. If your solar power plant generates more energy than you can consume, this energy can be sold back to the grid and be a source of income for your company/organization.

3. Save for long years with low maintenance costs
The maintenance cost of solar energy systems is low. Solar panels are durable and have product and performance guarantees of up to 25 years. Panels maintain their efficiency when cleaned only a few times a year. Therefore, you can save for many years with low maintenance costs. Enerjisa provides maintenance services throughout the contract period and no extra payment is required.

4. Protect the nature with Solar Energy Systems
Solar energy is a natural energy resource that does not have an adverse impact on the environment compared to other energy resources. Solar energy does not generate any GHG nor pollute water resources.

5. Invest in solar energy, an infinite and renewable energy resource, and contribute to sustainability.
Solar panels can be used in several locations in Turkey and solar energy is available every day. Unlike other energy resources, it is not possible to deplete solar energy.






Disclaimer
This press release is being presented solely for informational purposes. It is not to be considered as an investment advice, nor is it intended to provide basis for any valuation or any securities, nor should it be construed as a recommendation for anyone to buy, hold or sell any shares or other securities. This press release may contain forward-looking statements based on current assumptions and forecasts made by the management of Enerjisa and Enerjisa subsidiaries/affiliates, as well as other information currently available to the relevant companies. Various known and unknown risks, uncertainties and other factors may lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Except to the extent required by law, Enerjisa and Enerjisa subsidiaries/affiliates do not intend, and do not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.