Kocaer Celik to conduct feasibility study for 24-MW geothermal project in Aydin, Türkiye
Kocaer Celik company logo (source: Kocaer Celik)
Carlo Cariaga
7 Jun 2023
After the transfer of the license area, Kocaer Celik is now planning a feasibility study for a 24-MW geothermal power project in Aydin province, Kuyucak, Türkiye.
The Board of Directors of Kocaer Celik has announced plans to conduct a feasibility study for a 24-MW geothermal power plant investment in the J-443 license area located in Horsunlu-Ortakci Village of Aydin province, Kuyucak District, Türkiye.
This announcement follows the transfer of the J-443 license for Geothermal Resources and Natural Mineral Water from Aydem Renewable Energy to Kocaer Celik a few weeks ago. Following the completion of the relevant permits and procedures after the transfer, the operating license and a total area of 10,844.18 hectares have been acquired by the Kocaer Celik.
Kocaer Celik is a company operating in the steel section segment of the iron and steel industry. Exporting to 140 countries on 6 continents, Kocaer Celik exports 84% of its production. Kocaer Steel’s subsidiary, Kocaer Steel UK, is a company established in the UK and has been carrying out sales, marketing, and distribution activities since 2015.
In order to strengthen its position as the leading company in green production in the iron and steel industry, the company aims to diversify its clean energy production resources with geothermal energy production, following its roof-type solar power plants (GES).
Source: KAP via our Turkish language platform JeotermalHaberler
