RENEWABLE ENERGY TECHNOLOGIES
OYT carries out the following activities in the field of renewable energy technologies, which it started in 2015:
- Solar and Wind Power Plant Investments for Power Generation and Trade
- Unlicensed SPP (Solar Power Plant) Facilities
- Licensed SPP and WPP (Wind Power Plant) Facilities with Energy Storage
- Power Plant Site and Project Development
- Turnkey EPC Services for SPPs
- Design and Production of Solar Tracking System Solutions for SPPs
- Carbon Trade
In addition to its SPP portfolio, our company aims to increase its current power production capacity with more than 12 folds to over 270 million kWh by implementing SPP and WPP investments that it plans to commission in 2026 and 2027.
Power Generation from Renewable Resources
Kahramanmaraş, Türkoğlu SPP
6 MWp
Narrowly Spaced (0.9 x pv panel width)
Single Axis Solar Tracking System
11 Million kWh
Osmaniye, Hasanbeyli SPP
5.7 MWp
Narrowly Spaced (1 x pv panel width)
Single Axis Solar Tracking System
10.8 Million kWh
Power Generation Capacity Increase
Whether integrated with utility-scale generation facilities or acting as an integral part of distributed microgrids, energy storage systems are expected to extensively serve all levels of the global electricity system in the near future. With the recent regulations, domestic renewable energy paradigm is shifting towards integrating energy storage systems with SPP/WPP facilities. In this respect, OYT has based a significant part of its growth strategy in the field of renewable energy on increasing its power generation capacity with integrated energy storage.
In this context, our efforts to reach a power generation addition of 250 million kWh and a total production portfolio of 270 million kWh is under way. A total generation capacity of 100 MWe of SPP and WPP facilities with energy storage is planned to be commissioned in 2026 and 2027 with an additional investment of approximately $90 million.
Power Plant Site/Project Development, EPC and Operation/Maintenance Capability
SPP and WPP development processes require careful planning, cooperation with various stakeholders, and adherence to legislation and environmental standards. In addition, following technological developments contributes to long-term success of renewable energy projects.
OYT's capabilities, thanks to its knowledge and experience in the field of Solar Power Plants, are as follows;
Power Plant Site and Project Development:
- Resource evaluation and study of potential power plant sites
- Conducting a feasibility study taking into account technical, economic and environmental factors
- Land acquisition
Completing the EIA (Environmental Impact Assessment) processes, obtaining the necessary permits from the responsible Power Distribution Company and other government institutions and ensuring compliance with the laws and legislations - Technology selection and financial modeling
- Map, zoning and construction license approval processes
Engineering, Procurement and Cnstruction (EPC):
- Engineering and project design services and TEDAŞ/TEİAŞ approval processes
- Project Management and purchasing processes
- Power plant and power transmission line construction, acceptance and commissioning processes
Operation and Maintenance:
- Continuous performance monitoring and maintenance needed to maximize system efficiency
Our company develops and undertakes the construction of its own renewable energy power plant projects; in addition, develops and builds turnkey unlicensed solar power plants for large industrial organizations that want to meet their power consumption needs from their own production facilities (self-consumption). As of today, OYT has developed a total of 26.45 MWp of unlicensed SPP capacity in the provinces of Kahramanmaraş, Osmaniye and Kırıkkale.
OYT Solar Tracking Solutions
Solar tracking systems increase the efficiency obtained from solar energy in grid-scale solar power plants, reduce costs over time and contribute to the technological competitiveness and sustainability of the power plant. Although solar tracking systems in general require higher upfront costs than fixed-tilt systems, the increased energy output capacity results in a lower levelized cost of electricity (LCOE) over the life of the SPP. This makes solar tracking systems economically feasible and attractive for utility-scale projects.
OYT solar tracking solutions, with the ability to adjust the direction of PV panels, enable them to follow the path of the sun in the sky throughout the day, optimizing the angle at which sunlight hits the panels. It allows for better alignment with the sun, especially in the morning and afternoon when the sun is at lower angles in the sky. This improved alignment leads to higher energy efficiency, making it more efficient at capturing available sunlight compared to fixed installations.
By maximizing sunlight exposure, OYT solar tracking solutions significantly increase energy production compared to fixed fixed-tilt (15-25% depending on ground cover ratio and south inclination).
Carbon Trade
Carbon Border Adjustment Mechanism (CBAM), established within the framework of the EU's Climate Laws and the European Green Deal, regulates the collection of "carbon emission tax" at the border from products imported by the EU related to sectors with high carbon emissions, such as iron and steel, aluminum, cement and fertilizers. The application will commence in 2026.
Considering that more than 40% of Turkey's exports are to the EU and 12.8% of them are products within the scope of CBAM, which constitutes to $13.2 billion (T.R. Ministry of Commerce 2022 data); Turkish exporters for these products should reduce their carbon footprints by 2026. Failing to do so will decrease their competitiveness in the EU market and cause significant losses. In addition, it should be expected that the impact of CBAM on Turkey will increase further as it is applied to sectors such as home appliances, textile, chemistry and automotive in the future.
The first of the two fastest and most basic alternative solutions that companies can follow to reduce and/or eliminate their carbon footprints is to have power generation facilities based on renewable energy sources. The second is to purchase carbon certificates of such facilities at a certain price. In both cases, motivation for the solution lies in creating additional SPP/WPP capacity.
OYT aims to increase its presence in the domestic and foreign Emission Trading System with the renewable power plants portfolio it owns and plans to maximize its income from trading carbon emission certificates based on the green electricity it produces.
