Saudi- Egyptian Al Aboud Holding acquires Burdur solar plant in Turkey

The Saudi and Egyptian Al Aboud Holding Company will be the new owner of the Turkey-based 6.6 MW Burdur Solar Plant of Tekno Ray Solar, a JV between Italy’s Enerray SPA and Turkey’s Tekno Group of Companies.

The investment comes in line with Al Aboud Holding Company’s commitment to invest in installations for  more than 50 MW by 2018 in Turkey, will be the new owner of the 6.6 MW Burdur Solar Plant that went online in late-2016.

Located on a 125 000 square meter area, the Burdur solar plant is rated to generate up to 11 million kilowatt-hours of electricity while avoiding 6700 tons of carbon dioxide emissions per annum.