Renewable energy firm to build hydroelectricity plant in Turkey

16 Nov 2010
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Renewable energy firm to build hydroelectricity plant in Turkey

Europe's biggest renewable energy firm has revealed plans to build a new hydroelectricity plant in Turkey, its second such facility in the country.

Norwegian company Statkraft stated that it is hoping the Kargi hydropower plant will be completed by the end of 2013 and will create around 467 GW of renewable energy.

This would be enough to meet the power needs of about 150,000 Turkish properties, with the firm spending 250 million euros (£212 million) on the scheme, which is to be located in the Corum province, north-east of Ankara.

Oistein Andresen, executive vice president in charge of international hydropower at Statkraft, described the investment as "exciting".

"Kargi is a profitable project which will provide Turkey and Europe with more clean energy. It will also create jobs and local development," he said.

Statkraft already employs more than 3,000 people at various renewable energy schemes in 20 different countries across Europe, with its main focus on wind power and hydroelectricity. 

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