Italian renewable energy company Exergy thrives in Turkey (Balkans.com Business News)
Attracted by Turkey’s geothermal energy potential, Italian engineering company Exergy’s investment in a turbine production plant in Izmir has made it the number-one supplier of geothermal power generation equipment in the country.
Exergy’s new production facility manufactures turbines for use in combined-cycle geothermal power generation plants. The company’s turbines are used in more than 60 percent of Turkey’s operational geothermal power plants.
Speaking of their production operations in Turkey, Exergy founder and CEO Claudio Spadacini said that the country’s geothermal potential was immense and that Turkey would continue to be the priority market for Exergy in the foreseeable future. Exergy sources parts and components from Turkish companies. “Our plant in Izmir has a localization ratio of 60 percent,” he said.
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