According to the agreement, DenizLeasing, an Istanbul- based financial leasing company, will facilitate and provide capital leasing for the PV projects.

“This partnership expands our go-to-market capabilities in Turkey, which we believe can greatly accelerate the availability and deployment of our products, as well as extend our overseas financing flexibility,” said Tingxiu Lu, chairman and chief executive of CSun.

Earlier this year, CSun signed a framework agreement to develop 50MW of PV in Turkey with a unit of German PV system distributor Frankensolar.

CSun