What Form Elektrik does

Form Elektrik İnş.Müh.A.Ş is a privately held Turkish engineering and solutions provider in energy infrastructure and power systems, headquartered in Ankara and operating continuously since 2000. The company delivers end-to-end services — from consulting and design through testing and commissioning — across four solution domains: grid protection and automation, solar energy, battery energy storage systems (BESS) under its proprietary Li3 brand, and e-mobility / EV charging operations under its proprietary EPSIS brand. Its customer base spans Turkish electricity distribution utilities (collaboration with all 21 distribution companies), industrial facilities, renewable energy developers, and large energy infrastructure projects including the TANAP trans-Anatolian natural gas pipeline and the Akkuyu Nuclear Power Plant.

The business model combines authorized Turkish representation of six international manufacturers (NOJA Power/Australia, Thytronic/Italy, Jean Müller/Germany, Horstmann/Germany, Growatt/China, and Smilics/Spain) with proprietary sub-brands (Li3, EPSIS) and two joint ventures: Jean Müller Türkiye (low-voltage power distribution, established 2015) and Thyeast (MENA region sales, established 2010 with Thytronic). Revenue is generated primarily through hardware sales of grid protection equipment, inverters, and storage systems, complemented by managed EV charging services under the EPDK-licensed EPSIS network. The company reports cumulative deployments of 25,000+ Thytronic protection relays, 1,200+ NOJA Power reclosers, 2,500+ fault indicators, 75,000+ products supplied, and 1,600+ projects completed over its operating history.

The firm operates from a 7,232 m² facility in the Anadolu Organized Industrial Zone with 50+ expert engineering staff and pursues sales through direct enterprise engagement, a country-wide distribution partner network, and licensed EV charging operations. Pricing is project-based with no public disclosure. Form Elektrik has no disclosed external institutional investors, no parent entity, and ownership structure is not specified in available sources.

Name

Form Elektrik

Legal name

Form Elektrik İnş.Müh.A.Ş

Website

https://formelektrik.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Form Elektrik is a privately held Turkish engineering firm, founded in 2000, specializing in energy infrastructure solutions including grid protection, renewable energy, battery storage (Li3), and EV charging operations (EPSIS) for utilities and industrial customers.

Ownership category

akta.pro rank

Product category

Power Systems Engineering Services

NAICS

Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211), Computer Systems Design Services (541512)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

T&D project/program management & owner’s engineering (EPCM/PMC) (EUADAKAF)

akta.pro secondary industries

Turnkey distribution buildouts (feeders, reclosers, capacitor banks, line extensions) (EUADAKAK), Testing, Commissioning & Energization Services (HV) (EUAEABAI), EV Charging Grid Integration Services (Utility Make-Ready, Load Management Integration) (EUAEANAJ), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

Keywords

• Electrical engineering services
• Grid protection solutions
• Energy storage systems
• Renewable energy solutions
• EV charging infrastructure

Headquarters

HQ city

Ankara

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Grid Protection and Automation Solutions: Sale and deployment of protection relays, reclosers, fault indicators, and grid automation equipment for distribution networks. Revenue generated from product supply, engineering, testing and commissioning services.
2. Solar Energy Solutions: Growatt Turkey representation providing inverters and storage solutions for solar energy projects. Revenue from product sales and system integration.
3. Energy Storage (BESS): Li3 branded energy storage solutions including project design, testing and commissioning for industrial and utility applications.
4. E-Mobility / EV Charging Operations: EPSIS branded EV charging station operations and management across Turkey with EPDK network operator license. Revenue from charging services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Form Elektrik is an engineering-focused energy infrastructure and power systems solutions provider based in Ankara, Turkey. The company supplies and integrates grid protection and automation equipment (protection relays, reclosers, fault indicators), solar inverters and battery energy storage systems (BESS) under its Li3 brand, and operates Turkey-wide EV charging networks under its EPSIS brand with an EPDK charging network operator license. It serves as the authorized Turkish representative for leading international manufacturers (Thytronic, NOJA Power, Jean Müller, Horstmann, Growatt, Smilics) and provides end-to-end services from consultation and design through testing and commissioning.

Product overview

Form Elektrik operates as an engineering-focused technology and solutions provider in energy infrastructure and power systems. The company offers a portfolio of proprietary sub-brands (Li3 for energy storage, EPSIS for EV charging) alongside distribution partnerships with international manufacturers (NOJA Power, Thytronic, Horstmann, Smilics, Growatt). The solution ecosystem spans four core domains: grid protection and automation, solar energy, battery energy storage (BESS), and electric mobility. Services range from technical consulting and design through testing, commissioning, and after-sales support, with two international joint ventures (Jean Müller Türkiye, Thyeast) extending reach into MENA markets.

Differentiator

Problem solved

Functional benefit

Brands

• Li3: Proprietary brand for energy storage solutions (BESS) including project design, testing, and commissioning
• EPSIS

Products and services

• Li3 Battery Energy Storage Systems (BESS) Proprietary Li3 branded energy storage solutions covering project design, testing, and commissioning for industrial and utility-scale battery energy storage applications.
• EPSIS EV Charging Network Operations EPSIS branded electric vehicle charging station operations and management across Turkey under an EPDK charging network operator license, providing charging infrastructure deployment and network operations for EV operators and fleet managers.
• Grid Protection and Automation Solutions Integrated supply, engineering, testing and commissioning of protection relays (Thytronic), recloser systems (NOJA Power), and overhead line fault indicators (Horstmann) for electricity distribution networks and industrial facilities.
• Solar PV System Solutions Solar PV system design and integration using Growatt inverters and storage products for renewable energy project developers, including engineering and system integration services.
• Low-Voltage Power Distribution Solutions Low-voltage fused load break switches and power distribution solutions supplied through the Jean Müller Türkiye joint venture with German manufacturer Jean Müller, serving industrial and utility customers.
• Energy Monitoring and Grid Digitalization Solutions Energy monitoring, measurement, and low voltage grid digitalization solutions via Smilics Wibeee products represented by Form Elektrik in Turkey since 2025.
• Integrated Storage DC Charging Station Turkey's first integrated battery storage DC fast charging station combining energy storage with EV charging technology, deployed by Form Elektrik under the EPSIS network.

Quantifiable outcome

• 25,000+ Thytronic protection relays deployed in field
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• Jean Müller TürkiyeflagshipStrategic or Co-development Partner · 1 January 2015Joint venture with German manufacturer Jean Müller established in 2015 for low voltage fused load break switches and power distribution products in Turkey.
• GrowattcoreChannel Partner/ Reseller/ Distributor · 1 January 2015Chinese manufacturer of solar inverters and storage solutions. Form Elektrik is Growatt Turkey representative providing inverters and storage solutions for solar energy projects.
• NOJA PowercoreTechnology or Integration · 1 January 2012Australian manufacturer of medium voltage automatic circuit breakers and recloser systems with switching equipment. Authorized Turkish representation since 2012. 1,200+ reclosers deployed in field.
• ThyeastflagshipStrategic or Co-development Partner · 1 January 2010Joint venture with Thytronic established in 2010 for sales and business development in MENA region. Strategic partnership for regional market expansion.
• ThytroniccoreTechnology or Integration · 1 January 2008Italian manufacturer of line, transformer, motor and generator protection relays; grid automation solutions. Form Elektrik has been authorized Turkish representative since 2008. 25,000+ Thytronic protection relays deployed in field.
• Jean MüllercoreTechnology or Integration · 1 January 2008German leader in low voltage fused load break switches and power distribution. Representation since 2008. Joint venture Jean Müller Türkiye established in 2015.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ABB: ABB is a global leader in T&D equipment, grid automation, and e-mobility solutions with a direct presence in Turkey. It competes with Form Elektrik across protection relays, switchgear, BESS, and EV charging for the same Turkish distribution utility and industrial customers.
• Schneider Electric: Schneider Electric offers T&D equipment, grid automation, and energy management solutions with a strong Turkish presence. It competes with Form Elektrik across protection relays, distribution equipment, and grid digitalization offerings for utility and industrial customers.
• Ulusoy Elektrik: Ulusoy Elektrik is a Turkish manufacturer of distribution transformers, switchgear, and medium-voltage equipment, headquartered near Ankara. It is a direct domestic competitor to Form Elektrik's Jean Müller Türkiye JV and medium-voltage product lines for Turkish utilities.
• Siemens: Siemens (including Siemens Energy) supplies T&D equipment, grid automation, and EV charging infrastructure globally and in Turkey. It directly competes with Form Elektrik for protection, automation, and energy management projects at Turkish distribution utilities and large industrials.
• ZES (Zorlu Energy Solutions): ZES operates one of Turkey's largest EV charging networks under the Zorlu Energy group. It directly competes with Form Elektrik's EPSIS EV charging brand in Turkey's regulated charging market with similar EPDK operator positioning.
• Eşarj: Eşarj is one of Turkey's largest EV charging network operators with EPDK licensing. It directly competes with Form Elektrik's EPSIS brand in the regulated EV charging operations market in Turkey.
• TEMSAN: TEMSAN is a Turkish state-owned manufacturer of power and distribution transformers and electrical equipment. It competes with Form Elektrik's distribution equipment offerings for tenders from Turkish distribution utilities and government-backed infrastructure projects.

Broad incumbents

• GE Vernova: GE Vernova (the GE power and electrification business) supplies T&D equipment, grid automation, and energy storage globally. It competes broadly with Form Elektrik for protection, automation, and renewable energy projects, though with a much larger portfolio and global scale.
• Eaton: Eaton is a global power management company with broad T&D, switchgear, and energy storage portfolios. It competes broadly with Form Elektrik's Jean Müller distribution lines and BESS offerings, though Eaton operates across a wider portfolio rather than specializing in the Turkish distribution niche.

Emerging players

• Kalyon Enerji: Kalyon Enerji is a Turkish renewable energy developer and EPC contractor active in solar and BESS projects. It intersects with Form Elektrik's Growatt inverter distribution and Li3 BESS offerings as both a potential customer for equipment and an integrator competitor in solar/storage EPC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/formelektrik
• Facebookfacebook.com/form.elektrik
• LinkedInlinkedin.com/company/form-elektrik-insaat-muh-a-s-

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

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 Form Elektrik