Turkish Zorlu Holding to distribute First Solar’s PV modules in 26 selected markets

Zorlu Solar will also power its PV projects with First Solar technology
Zorlu Solar will also power its PV projects with First Solar technology

First Solar, Inc. (Tempe, AZ, U.S.) on February 14th, 2017 announced that it has entered into a collaborative sales agreement with Zorlu Holding, A.S., a Turkish business and industrial conglomerate, to distribute its high-performance thin film photovoltaic (PV) modules in 26 selected markets.

Under the five-year agreement, Zorlu will become a major distributor of First Solar’s PV modules in Turkey, Afghanistan, Albania, Bosnia, Bulgaria, Cyprus, Georgia, Kosovo, Macedonia, Pakistan, Romania, Serbia, Turkmenistan, the Ukraine, and the Commonwealth of Independent States (CIS).

In addition to selling PV modules in these markets, Zorlu Solar will undertake its own project development activity and will power its successful projects with First Solar technology.

As part of the agreement, First Solar will transition its existing Business Development resources in Turkey to Zorlu Solar and will close its office in Istanbul. First Solar established a presence in Turkey in 2014.

 

2017-02-15 | Courtesy: First Solar, Inc. | solarserver.com © Heindl Server GmbH

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