We signed a contract with Fine Otel Turizm İşletmecilik A.Ş. (Rixos Hotels) for the supply and supervision of energy storage systems—comprising 28 cabinet-type units and 1 container-type unit, with a total capacity of 12.3 MWh—to be used at The Land of Legends resort in Antalya.
The products to be manufactured under the contract will be produced at the facilities of Reap Batarya, our wholly-owned subsidiary, in Tuzla Orhanlı.
Fine Hotel, which currently operates a 65.78 MWp solar power plant to meet its own consumption needs, aims to more effectively manage its production and consumption profiles following the implementation of hourly net metering, increase the economic value of the energy produced, and optimize energy costs to enhance operational efficiency through the installation of these energy storage systems.
In line with the priorities established under our Company's growth strategy in the energy storage sector, the project is expected to contribute to strengthening the position of commercial and industrial (C&I) energy storage products in the Turkish market and to increasing the number of references for REAP Battery products not only in the utility-scale market but also in the C&I market.