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16 Aug
11:59

IPO earnings strengthen Kocaer energy security, product range

Turkey’s Kocaer says it will re-invest 65-70% of the proceeds from its public offering. The company aims to meet almost all of its electricity consumption from renewable energy sources. It will make renewable energy investments in addition to its existing solar energy systems (GES) on the roofs with an installed capacity of 13 million kWh. In this context, the company has signed the contract for the construction of a 2 million kWh rooftop GES. It continues…
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