EkoRE - Eko Renewable Energy

What EkoRE - Eko Renewable Energy does

EkoRE (legal name: Eko Yenilenebilir Enerjiler A.Ş.) is a Turkish renewable energy company founded in 2013 as the renewable energy venture of Süzer Group, a diversified Istanbul-based conglomerate. The company operates across the full renewable energy value chain — project development, EPC (Engineering, Procurement, Construction), and direct investment — for solar PV, wind, and biogas projects. Its head office is in Çekmeköy, Istanbul, with a regional office in Çankaya, Ankara, and it claims coverage across all seven geographic regions of Turkey.

The company delivers turnkey solutions spanning residential rooftop systems (3-30 kWp), commercial and industrial installations (e.g., Ritz-Carlton Istanbul at 3.92 kWp, Borçelik HQ at 30 kWp), agricultural solar irrigation systems (most notably the 64.26 kWp Şanlıurfa Akçakale project pumping 1,200 m³/day), and utility-scale power plants (the 5 MW Dikili Wind Farm in Kocaeli; a 50 MW+ solar pipeline across Konya, Antalya, Osmaniye, Adana, Aydın, and Tokat). Core technical capabilities include off-grid and hybrid PV systems with battery storage, grid-tied installations, and remote monitoring infrastructure integrating Victron, SMA, and Fronius platforms.

EkoRE monetizes through three revenue streams: one-time EPC service fees per project, project development fees covering site selection, permitting, and regulatory approvals, and capital returns from proprietary and co-investor stakes in renewable energy assets (alongside financial partners such as Türkiye Kalkınma Bankası). In 2016, the company began vertical-integration into upstream solar cell production with a groundbreaking 100 MWp (expandable to 600 MWp) facility in Niğde Bor, positioning itself as Turkey's first integrated solar cell manufacturer. Customers span four primary segments — utility-scale investors, industrial/commercial enterprises, residential owners, and agricultural sector clients — with custom-quoted projects driven through website inquiry forms and direct enterprise sales.

Name

EkoRE - Eko Renewable Energy

Legal name

Eko Yenilenebilir Enerjiler A.Ş.

Website

https://eko.re

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Renewable Energy EPC Services

NAICS

Engineering Services (54133), Electric Power Generation, Transmission and Distribution (2211), Management, Scientific, and Technical Consulting Services (5416)

akta.pro primary industry

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

akta.pro secondary industries

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC), Temporary Construction Utilities & Logistics (Laydown Yards, Temporary Power, Transport) (EUAMAFAL)

Keywords

• Solar EPC services
• Wind energy projects
• Biogas power plants
• PV system installation
• Renewable energy development

Headquarters

HQ city

Istanbul

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

1. EPC Services: Full Engineering, Procurement and Construction services for renewable energy projects — covering project design, equipment procurement, installation, commissioning, and post-commissioning operations and maintenance. Revenue is earned as a one-time service fee per project.
2. Project Development: End-to-end project development services including site selection, technical/legal/environmental feasibility studies, permitting, regulatory approvals, and distribution company applications. Generates development fees and positions the company for EPC mandates.
3. Renewable Energy Investment: EkoRE invests its own capital alongside partner investors into renewable energy projects (solar, wind, biogas) developed in-house, generating returns through project ownership and long-term energy sales.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

EkoRE provides full-scope Engineering, Procurement and Construction (EPC) services, project development, and direct investment for renewable energy projects across solar PV, wind, and biogas technologies in Turkey. The company handles site selection, permitting, regulatory approvals, equipment procurement, installation, commissioning, and ongoing operations and maintenance with remote monitoring, complemented by a PV investment calculator and a planned integrated solar cell manufacturing facility.

Product overview

EkoRE is a project development, EPC, and investment company offering turnkey renewable energy solutions. The core portfolio comprises three energy solutions—Solar (Güneş), Wind (Rüzgar), and Biogas (Biyogaz)—supported by digital tools including a PV Calculator. Services include end-to-end project development (site evaluation, permitting, approvals), EPC delivery (design, procurement, construction, commissioning, O&M), and direct investment in renewable energy projects. Applications span utility-scale power plants, industrial/commercial systems, residential installations, and solar-powered agricultural irrigation.

Differentiator

Problem solved

Functional benefit

Products and services

• EPC (Engineering, Procurement, Construction) Services Full-cycle EPC services from project design and equipment procurement through installation, commissioning, and post-installation operations and maintenance for renewable energy projects. Targeted at utility-scale investors, industrial/commercial enterprises, and large agricultural customers in Turkey.
• Project Development Services Complete project development including site identification, technical surveys, legal/environmental compliance, land acquisition, permitting, and distribution company applications. Enables customers and EkoRE's own investments to move projects to shovel-ready stage.
• Güneş (Solar) Solutions PV-based electricity generation solutions ranging from small-scale residential systems to utility-scale solar power plants (GES), including PV-supported irrigation systems. Targeted at utility investors, industrial/commercial enterprises, residential property owners, and farmers in Turkey.
• Rüzgar (Wind) Solutions Wind energy project development and EPC services for projects of all scales, including horizontal and vertical axis wind turbines. Targeted at utility-scale investors and large commercial enterprises in Turkey.
• Biyogaz (Biogas) Solutions Biogas power plant project development and EPC services utilizing agricultural waste and animal manure to produce electricity and heat through methane fermentation. Targeted at agricultural regions and investors in Turkey.
• Renewable Energy Investment Services Direct investment by EkoRE in renewable energy projects alongside partner investors in solar, wind, and biogas projects developed in-house, generating returns through project ownership and long-term energy sales. Targeted at co-investors and project partners.
• PV Calculator (PV Hesaplayıcı) Online calculator tool for calculating PV investment returns and payback periods, used by prospective customers to estimate economics before submitting a project inquiry.

Quantifiable outcome

• CO₂ reduction of 6,000+ tonnes/year from a single 6.8 MW solar plant (Antalya Kaş)
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• ABBcoreTechnology or IntegrationABB supplies inverters for EkoRE projects. The Konya Kulu GES project uses 132 × ABB Trio 27.6-TL inverters. ABB is a key technology partner for grid-tied solar installations.
• Jinko SolarcoreTechnology or IntegrationJinko Solar supplies PV panels used across multiple EkoRE projects, including the Şanlıurfa agricultural irrigation (252 × JKM255P panels), Lüleburgaz, and the Yırca school/mosque projects. One of the most frequently used panel brands in the project portfolio.
• Yingli SolarcoreTechnology or IntegrationYingli Solar supplies polycrystalline PV panels for projects including Konya Kulu (15,464 × 260 Wp panels), Borçelik, Ritz-Carlton, and Akatlar Istanbul installations. Major panel supplier for rooftop and ground-mounted systems.
• SMAcoreTechnology or IntegrationSMA supplies inverters (Sunny Tripower, Sunny Boy) and monitoring platforms (Sunny Portal, Webconnect) for Borçelik, EkoRE HQ, and other rooftop installations. SMA technology enables remote monitoring of installed systems.
• LorentzcoreTechnology or IntegrationLorentz supplies solar water pumping systems (submersible and surface pumps) used in the Şanlıurfa agricultural irrigation (PS40k2, 37 kW), Lüleburgaz (PS9k2), and Mersin drinking water (PS4000, 4 kW) projects. Critical technology for the company's irrigation and water supply solutions.
• VestascoreTechnology or IntegrationVestas supplies wind turbines (V126 3.45MWh) for the Dikili RES project in Kocaeli Kandıra — 2 turbines with 87 m hub height and 126 m rotor diameter.
• Nova A.Ş. (Şanlıurfa)minorStrategic or Co-development PartnerNova A.Ş. is EkoRE's local solution partner in Şanlıurfa for the agricultural irrigation project. Partnered on project development and implementation in the GAP region.
• Royal Academy of Science International Trust (RASIT) & UN Permanent MissionminorStrategic or Co-development PartnerEkoRE partnered with RASIT and the UN Permanent Mission to co-host 'The Agora' event at UN Headquarters in New York. CEO Serhan Süzer presented on renewable energy and SDG 2030 goals. A strategic collaboration focused on policy and awareness.
• GreenpeaceminorStrategic or Co-development PartnerEkoRE supported Greenpeace's Yırca village solar project by installing PV systems at the village school (3.06 kWp) and mosque (5.355 kWp). A collaborative social impact initiative.
• Fırat Kalkınma Ajansı (FKA)minorStrategic or Co-development PartnerFırat Kalkınma Ajansı provided financial and intellectual support for the Elazığ Biogas Feasibility Study conducted by EkoRE's Proje Geliştirme Müdürü Ahmet Salih Peker. FKA published the resulting report as a book for distribution to local investors.
• Süzer Group / Süzer HoldingcoreOthersEkoRE is the renewable energy venture of Süzer Group. Serhan Süzer (Süzer Holding Executive Board member) founded and leads EkoRE. The group provides corporate backing, cross-group synergies, and alignment with the parent's financial and energy strategy.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Others

• Vestas: Global wind turbine OEM and a current EkoRE technology partner (V126 turbines at Dikili RES) — adjacent as both supplier and competitor for wind project development opportunities in Turkey.
• Siemens Gamesa: Global wind turbine OEM and renewable project developer — adjacent to EkoRE as a potential turbine supplier for future Turkish wind projects and a competitor for utility-scale wind mandates.

Broad incumbents

• Aksa Energy: Diversified Turkish power producer with renewable generation assets (wind, solar, hydro) and project development — competes in the same Turkish utility-scale renewable development and EPC space.
• Hanwha Q Cells: Major global solar cell and panel manufacturer with utility-scale project development capabilities — comparable as both a panel supplier alternative and a vertically integrated competitor in Turkey's growing utility solar market.
• Enerjisa Üretim: One of Turkey's largest private power producers with significant renewable (wind, solar, hydro) generation portfolio and EPC capabilities — competes for the same utility-scale tenders and co-investor mandates EkoRE targets.
• SunPower (Maxeon Solar Technologies): Global solar panel manufacturer and commercial/utility-scale EPC provider — broader incumbent offering turnkey solar solutions overlapping EkoRE's commercial and industrial rooftop segment.

Direct peers

• Zorlu Energy: Turkish renewable energy developer and EPC arm of Zorlu Holding, active across solar, wind, and geothermal with utility-scale project development and investment — directly overlapping EkoRE's full-stack model in the same geography.
• Kalyon Solar Technologies: Turkish EPC and solar panel manufacturer that built and operates one of Turkey's first large-scale integrated PV production facilities — directly comparable to EkoRE's planned Niğde Bor cell factory and overlapping on utility-scale solar EPC.
• Yeşil Yıldız (Yeşil Holding): Turkish group active in renewable energy EPC and project development, including solar power plants and biogas facilities — closely comparable to EkoRE across the same three verticals (solar, wind, biogas).

Regional players

• İhlas Holding Energy: Turkish conglomerate with renewable energy subsidiaries developing solar and wind projects domestically — competes for the same Turkish project development and EPC mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ekore_
• Facebookfacebook.com/EkoRE.EPC
• LinkedInlinkedin.com/company/ekore

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EkoRE - Eko Renewable Energy