Skywell invests in battery and energy storage in Turkey

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Electric Vehicles and Energy Storage Systems

Electric vehicles (EVs) and energy storage systems (ESSs) are gaining more and more importance around the world. ESSs of leading companies have great potential to meet energy needs and increase energy efficiency.

Energy Storage Systems Are Of Great Importance For The Energy Needs Of The Future

ESSs are of great importance for future energy needs. The battery and energy storage system investment that Skywell will make in Turkey draws attention as a step towards its goal of providing solutions to the energy needs of the future not only in Turkey but also in Europe. Skywell Turkey aims to play a leading role both in the country and in the international arena by focusing on the advantages of energy storage technology.

Mahmut Ulubaş, CEO of Skywell Türkiye:

“We are very excited to produce the battery, which is a very important element in the transformation of the automotive market, in Turkey.trace. We have now started the countdown for our battery factory, which will be opened until the first quarter of 2024. Today, energy storage systems have also gained a critical importance. Storage systems, beyond supporting renewable energy, provide vital contributions to the user and the grid. We anticipate that with the increase of renewable energy in these works, which will make significant contributions to our country's economy, we will accelerate our reach to a sustainable future.”

Ulubaşlar Group and Chinese Skyworth Agreement

One of the Ulubaşlar Group companies Ulu Motor and Skyworth, the manufacturer of Skywell, one of the largest technology companies in China, will open a Battery Development and Production factory in Turkey. had reached an agreement recently. UnderstandAccording to the contract, a battery production factory with 2024 + 800C architecture will be opened by the first quarter of 4. With these batteries, the charging power will increase from 120kw to 480kw, which will enable it to reach 8 to 0 percent charge in 80 minutes.

Applications for Storage Wind and Solar Power Plants Increase

After the electricity storage regulation prepared by EMRA and published in the Official Gazette on November 19, 2022, applications for establishing wind and solar power plants with storage increased rapidly.

Investment Demand in Storage Reached 230 Billion Dollars

Investment demand in storage stood at $10 billion in the first 110 days, and then $230 billion. Although the capacity in solar and wind is approximately 30 thousand megawatts, applications for 164 thousand 200 megawatts came from investors. 2 pre-license applications were made to EMRA for storage, spreading to every region of Turkey.