TSKB Signs a Consultancy Agreement with the Turkish Subsidiary of Chint Green Energy, one of the World’s Leading Solar Energy Investors

TSKB has signed a consultancy agreement with Chint Green Energy, the Turkish subsidiary of the China-based Chint Solar Group—one of the world’s leading solar energy investors—to deliver financial and strategic support.

TSKB (Industrial Development Bank of Türkiye) has signed a consultancy agreement with Chint Green Energy, the Turkish subsidiary of the China-based Chint Solar Group. Under the consultancy agreement, Chint Green Energy will develop a feasibility model for financial modeling and reporting related to its solution processes tailored to project stakeholders using the ESCO (Energy Service Company) business model. Concurrently, TSKB will utilize its “Electricity Price Forecasting Model” to generate reports that support the company’s strategic investment decisions.

Highlighting Chint Green Energy’s position as one of the world’s leading solar energy investors, TSKB Executive Vice President Hüseyin Gürel stated that the comprehensive consultancy service will offer substantial added value to the company’s operations in the Turkish energy sector.

Emphasizing that TSKB will provide reports based on its Electricity Price Forecasting Model to support the strategic investment decisions of Chint Green Energy, which manages 40 GW of solar energy projects globally and has an installed capacity of 100 MWp in Türkiye, Hüseyin Gürel added, “We believe this strategic collaboration between TSKB and Chint Green Energy will greatly benefit the Turkish energy sector and deliver successful outcomes for both parties.”

Hüseyin Gürel highlighted TSKB’s effective and high-quality management of its expertise in economic, financial, and engineering fields within its consultancy services, remarking, “With the goal of transforming this expertise into economic value and enhancing income diversity, we offer a wide range of services through our Financial Consultancy, Technical Consultancy, and Economic Research products.” Gürel emphasized that their consultancy services are designed to align with clients’ strategic goals, aiming to build long-term business partnerships while contributing to sustainable development.

Hüseyin Gürel noted the growing importance of both organic and inorganic growth in achieving sustainable development, and went on to add, “In today’s business landscape, we provide tailored consultancy solutions to our stakeholders, leveraging our extensive expertise to help companies secure financing more easily, enhance decision-making processes, operate professionally, and identify opportunities for new projects and activities, all while navigating the current economic climate effectively.”

Stating that they offer end-to-end energy solutions from a single point in solar energy investments, Chint Green Energy Global CEO Dr. Chuan Lu noted, “At Chint Green Energy, we provide comprehensive, one-stop services for our business partners in the green energy value chain, managing project investments, engineering, construction, and maintenance for those seeking to invest in solar energy. As part of our energy solutions, Chint Green Energy utilizes high-quality, locally manufactured solar panels from Astronergy, a group company and a pioneer in TOPCon technology. We also incorporate our advanced technology inverters and energy storage products, recognized as top-tier in global markets, to deliver superior solutions. We are dedicated to enhancing the efficiency of our investors’ business processes and adding significant value to their energy projects. As the only company with three brands listed in Bloomberg New Energy Finance (BNEF) Tier-1, we are committed to maintaining a strong focus on quality and delivering innovative solutions in the solar energy sector. The awards we have received, the successes we have achieved, and the strategic collaborations we have formed serve as concrete proof of this vision. Today, we are proud to enter into this agreement with TSKB, one of Türkiye’s most reputable and established banks. Our strong commitment to customer satisfaction will be further enhanced as TSKB’s extensive financial advisory expertise and Chint Green Energy’s project management experience combine to streamline our investors’ business processes and add significant value to their projects.”

Dr. Lu highlighted that Türkiye is a promising market for renewable energy investments, adding that as a global energy company, they will continue to contribute to Türkiye’s energy infrastructure and provide solutions aligned with the sustainable development goals of their business partners. He concluded his remarks by saying, “I hope that this agreement with TSKB will be mutually beneficial for both parties.”