China Sunergy Pursues Solar Financing In Turkey


China Sunergy Co. Ltd. has signed a memorandum of understanding (MOU) with Istanbul-based Deniz Finansal Kiralama A.S. (DenizLeasing) to finance solar photovoltaic projects in Turkey.

According to the MOU, DenizLeasing will provide capital leasing for solar PV projects of up to 100 MW deploying China Sunergy's solar modules and other components.

‘This partnership expands our go-to-market capabilities in Turkey, which we believe can greatly accelerate the availability and deployment of our products, enhance our ability to serve our expanding customer base across Turkey and the surrounding markets, as well as extend our overseas financing flexibility,’ says Tingxiu Lu, chairman and CEO of China Sunergy.

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