Recently, Drinda’s subsidiary, Jietai New Energy Investment (Hong Kong) Limited, officially signed a strategic cooperation agreement with Schmid Pekintaş Energy, a leading local new energy technology enterprise in Turkey. The two parties will join hands to establish a high-efficiency photovoltaic (PV) cell production base in Turkey.
Drinda and Schmid Pekintaş Energy will leverage their respective core strengths to build a production base for up to 5GW N-type high-efficiency PV cells under Turkey’s HIT30 plan.
The project will fully integrate Drinda’s leading N-type high-efficiency cell technology, relying on the company’s profound technological accumulation and manufacturing system in the PV field to effectively meet the urgent demand for high-performance and high-reliability PV cells in Turkey and other global markets. Upon completion, the project will not only fill the structural gap in regional cell production capacity but also significantly enhance Drinda’s international production capacity allocation capabilities and global customer service response efficiency.
Schmid Pekintaş Energy, the largest solar module manufacturer in Turkey and Europe, was jointly established in 2014 by Pekintaş Holding, a major Turkish construction group, and Germany’s Schmid Group, an international pioneer in PV technology. The company was Turkey’s leading solar module manufacturer in terms of sales revenue in 2024 and secured an industry-leading position in the Fortune 500 Turkey list announced in May 2025.
With over a decade of experience in high-efficiency solar modules and integrated solutions, Schmid Pekintaş Energy is also an important long-term customer of Drinda in Turkey. This cooperation marks a significant upgrade from a long-term strategic supply chain partnership to a deep production capacity investment alliance, providing strong support for the efficient implementation of the project.
From an industrial structure perspective, although Turkey’s PV module production capacity has exceeded 15GW, ranking first in Europe, there is still a notable shortage in the cell segment due to the high barriers of PV cell technology and the stringent requirements for talent and R&D capabilities. Relevant data indicates that Turkey’s annual import demand for cell products reaches as high as 10GW, while the pace of local production capacity planning and implementation falls far short of meeting the rapidly growing market demand.
