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Polat Enerji Sanayi ve Ticaret A.Ş. was established in 2000 to engage in electricity generation, distribution and trading activities.
News - Announcements
Power cuts start and prices go through the roof while electricity consumption breaks a record
 
We broke the record while cooling off
 
Akenerji Boosts Wind Power Capacity
 
Wind Partnership By Leading Energy Groups
 
Soma Project has completed the validation step through the Gold Standard registry process
 

A decision was taken to invest in energy sector due to disrupted supply-demand balance and insufficient supply in the Turkish electricity sector. Adopting an environmental policy, Polat Energy decided to invest in renewable energy resources, directing its endeavours towards wind energy which is one of the most important and efficient energy resources of Turkey.

In 2000, Polat Energy and Demirer Energy joint their forces to bid for 390 MW BOT Model wind farm tender announced by the Ministry of Energy. Due to the liberalization policies dictated from IMF, the tender was cancelled.

Along with the liberalization of the electricity market, Polat Energy and Demirer Energy established four special purpose companies (Dogal Energy, Soma Energy, Poyraz Energy and Doruk Energy) in 2001 and applied to Energy Market Regulatory Authority (EMRA) for 7 WPP licenses. These 4 companies were owned in equal shares by both groups. However, in October 2009, Polat Energy bought the shares of Soma Energy from Demirer Energy. The capacity of the 7 licensed projects is 354 MW. In this portfolio, net capacity of Polat Energy is 247 MW.

Polat Energy acquired the licenses for 14.9 MW Burgaz WPP (Gelibolu-Canakkale) and 34.2 MW Sayalar WPP (Akhisar-Manisa) in 2003 and 2004 respectively whereas the licenses of 140.1 MW Soma WPP (Soma-Manisa), 54.9 MW Poyraz WPP (Kepsut-Balikesir), 30 MW Seyitali WPP (Aliaga-Izmir), 30 MW Samurlu WPP (Aliaga-Izmir) and 30 MW Kozbeyli WPP (Foca-Izmir) were obtained in 2007. Polat Energy was also granted 20 MW capacity increase in 2010 for Sayalar WPP.

Starting its investment in Burgaz and Sayalar WPPs in September 2006, Polat Energy commissioned Burgaz plant in August 2007 and Sayalar WPP in May 2008. Total capacity of Soma is 140,1 MW and the part of 116,1 MW has been taken under operation in 2009.The plant will be fully commissioned in January 2012.

Total investment cost of these investments is 441 million Euro while the net investment cost paid by Polat Energy is 306 million Euro. When all the WPPs are taken under operation in 2012, approximately 1 billion kWh of electricity will be produced per year.

In 2008, French EDF EN has become a partner in Polat Energy taking 50% of its shares. EDF-EN is one of the largest renewable energy producers in with 1,5 billion Euro of annual revenues. The company has 2985 MW of net installed power in wind energy and 321 MW of net installed power in solar energy with a target to increase its net installed power in all renewables to 4200 MW by the end of 2012.

Sharing %50 of Polat Energy has wind power plants in Europe and North America,that has become a milestone in the international energy sector and aiming to become a leader producing clean energy companies for our country.

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