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CW Enerji Invests $520 million in Türkiye Solar Equipment Production

The facility is the largest of its kind in Türkiye and Europe. With this latest investment, CW Enerji aims to boost capacity to 5 GW by 2028.

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Junaid Shah
CW Enerji Invests $520 million in Türkiye Solar Equipment Production

Turkish solar technology company CW Enerji will invest USD 520 million (TL 21.09 billion) under the government's HIT-30 incentive program. This will be directed toward expanding its high-efficiency solar panel manufacturing capacity in the Antalya Organized Industrial Zone. 

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The company currently produces high-efficiency TOPCon solar cells at its CW Solar Cell facility in the southwestern coastal city of Antalya, with an annual capacity of 1.2 gigawatts (GW).

5GW by 2028

The facility is the largest of its kind in Türkiye and Europe. With this latest investment, CW Enerji aims to boost capacity to 5 GW by 2028 as part of the project’s second phase.

The factory manufactures high-tech solar panels from ingot raw materials and sources over 80 percent of its components domestically.

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CW Enerji Chairperson Tarik Sarvan emphasized the strategic importance of local supply chains. "We will source the gases and chemicals needed in production from within Türkiye," said Sarvan. "This will protect local producers and help build a healthy ecosystem."

Sarvan founded the company in 2010, having gained experience in Europe's solar energy sector.

HIT-30 program & High-Tech Manufacturing Hub by 2030

Türkiye, under the HIT-30 program, is aiming to establish Türkiye as a global high-tech manufacturing hub by 2030.

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"We will produce solar panels in line with Türkiye VAT incentive regulations and with more than 80 percent domestic content," Sarvan added. "This investment will also create specialized jobs for chemists, energy system engineers, and physicists."

CW Enerji has previously launched a 35-45 MW production line at its new facility and has expanded into related technologies, including EVA, aluminum, solar glass, and junction boxes.

In addition, the company produces aluminum components specifically for solar plants and previously benefited from Türkiye's 5th Region incentives.

As global solar cell prices decline due to shifting production in China and the US, Sarvan sees an opportunity for Türkiye’s industrial base. The company has also established itself in Munich and Houston to supply country-specific solar panels, and boasts 1.8 GW of panel production capacity, with 90 percent being sold domestically.

Active in all stages of the solar value chain, from manufacturing to wholesale and EPC, CW Enerji exports to nearly 60 countries. Its panels are used in industrial rooftops, agricultural irrigation systems, marine applications, and smart home systems.

CW Energi is expanding over an area of 200,000 square meters to reach 5 GW of total capacity, targeting both US and European markets, Sarvan added.

EVA Solar Glass Junction boxes Türkiye CW Enerji Tarik Sarvan Antalya Organized Industrial Zone
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