Astronergy, a subsidiary of Chint Group, has announced plans to invest $700 million in its second photovoltaic manufacturing facility in Turkey. The new plant, located in Balıkesir in western Turkey, will produce wafers, solar cells, and modules.
The project will be implemented in two phases:
- Phase 1: 3GW annual production capacity for wafers and cells
- Full completion (2028): Expanded to 5GW total capacity, with integrated module production
This move strengthens Astronergy’s global manufacturing footprint and supports Turkey’s growing solar industry.
