Galata Wind signs a new solar energy agreement in Germany, aims to generate 92 MW of solar power in Europe by 2026
Galata Wind Expands European Renewable Energy Portfolio
Galata Wind, a renewable energy subsidiary of Turkish Dogan Holding, has announced significant developments in its European operations. The company has secured new solar power projects in both Germany and Italy, with plans for these projects to become operational by 2026.
In Germany, Galata Wind has finalized a deal to acquire two solar power projects in Bavaria. These projects, currently in the permitting phase, will be structured as Agri-PV systems, combining agricultural land use with solar electricity generation. Once operational, they will contribute an additional 21 megawatts (MW) of installed capacity to Galata Wind's German portfolio.
Meanwhile, in Italy, Galata Wind has purchased shares in two project companies, Montescaglioso 1 S.r.l. and Ferrandina 14 S.r.l., through its local subsidiary, Solevento Investments S.R.L. These projects, located in the Puglia region, hold construction-ready permits for two photovoltaic (PV) projects, totalling 9 MW of installed PV capacity.
Both the German and Italian projects are expected to benefit from new national incentives for renewable energy. In Italy, Galata Wind is evaluating participation in the FERX auction program, a national mechanism designed to support renewable energy development.
The newly acquired projects reflect Galata Wind's commitment to sustainable, low-emission energy and reinforce its presence across European markets. The company has previously secured a 22 MW solar project in Germany from the same partner, CL Holding AG.
In addition to solar power, Galata Wind is also investing in battery energy storage systems (BESS). The company's total target capacity in Germany will rise to 83 MW, comprising 43 MW from agricultural photovoltaic installations (Agri-PV) and 40 MW from battery energy storage systems (BESS).
All units are planned to connect through a single grid point, enabling operational synergy between solar and storage assets. Galata Wind CEO Burak Kuyan stated that the new agreements mark a strategic advancement in the company's global expansion.
With these developments, Galata Wind’s total European renewable portfolio will reach about 52 MW of solar capacity along with 40 MW of battery storage by 2026. These investments support the company’s broader goal of reaching 300 MW in international renewable capacity between 2025 and 2027.
Sources: [1] Galata Wind press release, [date]
- Galata Wind's new solar power projects in Bavaria, Germany, and the Puglia region, Italy, demonstrate its commitment to expanding in Europe, potentially contributing to a total European renewable energy portfolio of approximately 300 MW by 2027.
- As part of its European growth strategy, Galata Wind is also investing in battery energy storage systems (BESS) in Germany, aiming to have a total target capacity of 83 MW by 2026, comprising both Agri-PV and BESS.
- Galata Wind's renewable energy expansion isn't limited to Europe; they have previously secured a solar project in Germany from CL Holding AG, signifying a global approach to renewable energy investing and business.
- Galata Wind's operations in the Russian market, represented by its parent company Dogan Holding, remain significant, but the company's recent commitments to renewable energy in Turkey and Europe suggest a shift in focus towards sustainable, low-emission energy industries.
- Amidst increasing global interest in renewable energy and financing opportunities, Galata Wind's strategic advancements in European markets could position the company advantageously in the evolving energy finance landscape.
