China Sunergy (CSUN) will invest in Turkey in solar panel sector. CSUN will invest 600 million USD in Turkey, and establish the largest solar panel factory in Europe. The factory targets to reach 600 megawatts of capacity within the next three years.
CSUN will become partners with Turkish Akfel Group and Seul Energy. Established in 2004, China Sunergy is an international high-tech enterprise with advanced photovoltaic technology, specialized in the R&D, production, sales and after-sales service of solar cells. As a NASDAQ-listed company, China Sunergy has 11 solar cell production lines.