
The bank says its subsidiary will develop a storage-equipped solar plant expected to supply power equal to about 120 thousand households’ annual needs.
Halkbank is investing in a 100 MW storage-equipped solar power plant in Karaman through its subsidiary, Halk Elektrik Üretim A.Ş. The bank said the planned facility aims to increase renewable energy capacity and support energy supply security.
Halkbank General Manager Recep Süleyman Özdil said the plant is expected to generate renewable electricity equivalent to the annual needs of about 120 thousand households. He also expects it to prevent about 175 thousand tons of carbon emissions each year.
Halkbank shares traded at 42.26 lira as of 15:09 UTC Friday, down 2.63% from the previous close.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.