Çemtaş Çelik Receives Incentive Approval for TRY 1.24 Billion Solar Power Plant Investment

Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş. (CEMTS) has obtained the necessary incentive certificate for its planned ground-mounted solar power plant (SPP) investment in Mardin province, with an installed capacity of 37 MWe. According to the company's statement, the total investment amount has been set at TRY 1.24 billion. The investment incentive certificate was approved by the relevant ministry and officially granted to Çemtaş Çelik. Under this certificate, the company will be entitled to various tax advantages and supports for the SPP project. The project's location in Mardin aims to leverage the region's solar energy potential. The 37 MWe plant is expected to reduce the company's energy costs and contribute to its sustainable production goals. The receipt of the investment incentive certificate is seen as part of Çemtaş Çelik's expansion strategy in renewable energy. With this investment, the company aims to reduce its carbon footprint and increase energy independence. This is not investment advice.