Schmid Pekintaş Enerji
Schmid Pekintaş Enerji is a Turkish photovoltaic solar panel manufacturer and EPC provider, operating a 3 GW Giga Factory in Düzce using N-Type TOPCon+ technology. It serves utilities, industrial enterprises, and government clients across Turkey and select international markets via subsidiaries SPI Energy Solutions and DePower Enerji.
- Company typePrivate
- Founded2013
- HeadquartersMustafa
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Schmid Pekintaş Enerji does
Schmid Pekintaş Enerji is a Turkish photovoltaic solar panel manufacturer established in 2013 as a joint venture between Germany's SCHMID Group (150+ years of solar equipment manufacturing heritage) and Turkey's PEKİNTAŞ Group (67 years in construction and sandwich panel production). The company operates a Giga Factory in Düzce spanning 200,000 m² of open area and 45,000 m² of covered production space, with an annual manufacturing capacity of 3 GW — the largest in Turkey. Its product portfolio centers on the TOPCon–Half Cut–Cam-Cam Bifacial solar panel series (SPE 620, 625, 630) using N-Type TOPCon+ G12R cell technology produced on fully automated robotic lines, with long-term performance guarantees of 93.45% output at 15 years and 87.50% at 30 years.
The business operates a vertically integrated, B2B enterprise model combining hardware sales of high-efficiency PV panels with turnkey EPC and O&M services delivered through its subsidiary SPI Energy Solutions, and project development/investment via DePower Enerji. GTM is primarily direct enterprise field sales targeting utilities, large industrial corporates, government entities, and international developers, supplemented by a domestic dealer network. The company reports 2,500+ customers and 1,000+ personnel, with marquee references including the Galatasaray Nef Stadium (Guinness World Record for largest stadium rooftop solar plant), the 260 MW Karaman YEKA project, the $360M DePower 300 MW DGES pipeline, and installations for BİM, Şişecam, Toyota Boshoku, and municipalities. It is preparing for an IPO with a draft prospectus published.
Schmid Pekintaş Enerji firmographics
Firmographics- Name
- Schmid Pekintaş Enerji
- Legal name
- SCHMİD PEKİNTAŞ GÜNEŞ ENERJİ SİSTEMLERİ SANAYİ VE TİCARET ANONİMŞİRKETİ
- Website
- https://schmid-pekintas.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Schmid Pekintaş Enerji is a Turkish photovoltaic solar panel manufacturer and EPC provider, operating a 3 GW Giga Factory in Düzce using N-Type TOPCon+ technology. It serves utilities, industrial enterprises, and government clients across Turkey and select international markets via subsidiaries SPI Energy Solutions and DePower Enerji.
- Ownership category
- akta.pro rank
Schmid Pekintaş Enerji industry classification
Industry- Product category
- Solar Panel Manufacturing
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Solar Plant Components Supply & Manufacturing (Modules, Cells, Wafers, Mirrors, Heliostats) (EUACAGAK)
- akta.pro secondary industry
- Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)
Keywords
Where Schmid Pekintaş Enerji is headquartered
LocationHeadquarters
- HQ city
- Mustafa
Offices2 records
Markets served
Schmid Pekintaş Enerji business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Photovoltaic Solar Panel Sales: Manufacturing and sale of high-efficiency photovoltaic solar panels (TOPCon+ bifacial glass-glass modules) to utilities, industrial companies, commercial enterprises, and government entities. Revenue is generated through one-time product sales, with panels offered in power ratings from 620W to 630W.
- EPC (Turnkey Installation) Services: SPI Energy Solutions, a Pekintaş Group affiliate, provides full Engineering, Procurement, and Construction (EPC) services for solar power plant installation, including Operation & Maintenance (O&M). Services are offered globally to large-scale customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | TOPCon – Half Cut – Cam-Cam Bifacial panels (SPE 620, SPE 625, SPE 630) |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
Schmid Pekintaş Enerji product offering
Product offeringCore offering
Schmid Pekintaş Enerji manufactures high-efficiency bifacial photovoltaic solar panels using proprietary N-Type TOPCon+ G12R cell technology at its 3 GW Giga Factory in Düzce, Turkey. Through its subsidiary SPI Energy Solutions, the company also provides turnkey Engineering, Procurement, Construction (EPC) and Operations & Maintenance (O&M) services for solar power plants, delivering end-to-end solar energy solutions to enterprise and utility customers.
Product overview
Schmid Pekintaş Enerji is a photovoltaic solar panel manufacturer established in 2013 as a joint venture between German SCHMID GROUP and Turkish PEKİNTAŞ GROUP. The company operates a Giga Factory in Düzce with 3 GW annual production capacity. Its core product portfolio centers on the TOPCon – Half Cut – Cam-Cam Bifacial solar panel series (SPE 620-630), utilizing N-Type TOPCon+ G12R cell technology for high efficiency and long-term performance. Complementing panel manufacturing, the company offers turnkey installation services (EPC) through its subsidiary SPI Energy Solutions, providing end-to-end solar energy solutions from project planning through operational maintenance.
Differentiator
Problem solved
Functional benefit
Brands
- SPI Energy Solutions: Engineering, Procurement, Construction (EPC) and Operations & Maintenance (O&M) services for solar energy projects, operated as a subsidiary of Pekintaş Group.
- DePower Enerji
Products and services
- TOPCon – Half Cut – Cam-Cam Bifacial Güneş Paneli (SPE 620 - SPE 625 - SPE 630)
Quantifiable outcome
- 3 GW annual production capacity — largest in Turkey
- +5 more outcomes
Companies that use Schmid Pekintaş Enerji
Customer profileNamed customers13 records
Segments3 records
Ideal customer profiles3 records
Schmid Pekintaş Enerji technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Schmid Pekintaş Enerji partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, major and strategic.
- Schmid GroupcoreSchmid Group is a German company with 150+ years of experience as a global leader in solar energy equipment manufacturing. It is the parent/co-venture partner of Schmid Pekintaş through a joint venture established in 2013 with Pekintaş Group. Schmid Group contributes photovoltaic industry knowledge, advanced manufacturing technology, and international expertise to the joint venture.
- Pekintaş GroupcorePekintaş Group is a Turkish conglomerate with 67 years of experience in construction and industrial buildings, and a leading manufacturer of sandwich panels. Together with Schmid Group, it co-founded Schmid Pekintaş in 2013. Pekintaş Group contributes construction expertise, local market knowledge, and manufacturing facilities in Turkey.
- Array TechnologiesmajorArray Technologies, a US solar tracker manufacturer, is supplying its OmniTrack terrain-following solar tracker system and SmarTrack software suite for the 260MW Karaman solar project developed by the Pekintas-Schmid joint venture under Turkey's YEKA program. This is the first project under YEKA to use Array's trackers and P-Tech Solar's TOPCon+ cells.
- P-Tech SolarmajorP-Tech Solar supplies TOPCon+ solar cells used in the 260MW Karaman solar project under Turkey's YEKA program. The Karaman project is the first in the YEKA program to feature P-Tech Solar's high-efficiency TOPCon+ solar cells.
- Malta Inc.strategicMalta Inc. (a US long-duration energy storage company) and Schmid Pekintaş signed a Memorandum of Understanding on August 6, 2024 to establish a cooperative framework for hybridizing solar energy projects with Malta's long-duration energy storage technology. The partnership targets hybrid projects in Türkiye, the U.S., and Europe.
- DePower EnerjicoreDePower Enerji is Pekintaş Group's energy investment company. It holds pre-licenses from EPDK for 11 Depolamalı Güneş Enerji Santrali (DGES) projects totaling 300 MW across Aydın, Denizli, Muğla, Manisa, Elazığ, and Tunceli. Total investment of $360 million. EPC and O&M services are provided by SPI Energy Solutions.
- SPI Energy SolutionscoreSPI Energy Solutions (SCHMID PEKİNTAŞ INVESTMENT) is Pekintaş Group's subsidiary providing turnkey solar power plant installation (EPC) and O&M services globally. It handles all EPC and O&M work for DePower Enerji's 300 MW DGES project and the Toyota Boshoku solar plant installation.
- Toyota BoshokumajorToyota Boshoku partnered with SPI Energy Solutions for a turnkey solar power plant installation. The signing ceremony was held between SPI Energy Solutions and Toyota Boshoku, representing a significant B2B enterprise solar project partnership.
Scale indicators7 records
Recent moves7 records
Expansion highlights4 records
Schmid Pekintaş Enerji competitors and assessment
Company assessmentDirect peers
- CW Enerji: Turkish photovoltaic solar panel manufacturer operating in similar product categories (monocrystalline, bifacial modules) and competing for the same domestic enterprise, utility, and YEKA program customers. Like Schmid Pekintaş, CW Enerji manufactures PV modules for the Turkish market and serves similar end-segments.
- Kalyon Enerji: Turkish integrated solar manufacturer and EPC player with its own PV panel production and large-scale solar power plant development. Competes directly with Schmid Pekintaş in the YEKA program and Turkish utility-scale tenders, and is one of the largest domestic solar EPC contractors.
- Suneva Solar: Turkish PV solar panel manufacturer producing high-efficiency modules for domestic and international markets. Operates in the same module category (monocrystalline/heterojunction) and competes for Turkish enterprise and government solar projects.
- Biltar Solar: Turkish photovoltaic solar panel manufacturer producing solar modules for residential, commercial, and industrial applications. Competes directly with Schmid Pekintaş in the Turkish market with similar product positioning on domestically manufactured PV modules.
Broad incumbents
- Trina Solar: Global Tier-1 PV module manufacturer with TOPCon technology and multi-GW capacity. Competes with Schmid Pekintaş in international tenders and indirectly in Turkey through import channels, offering a much broader global portfolio.
- JA Solar: Global Tier-1 PV module manufacturer producing TOPCon and other high-efficiency cells. Competes with Schmid Pekintaş across global markets and on enterprise/utility tenders via import distribution into Turkey.
- Hanwha Q Cells: Global Tier-1 PV module manufacturer with TOPCon and other advanced cell technologies. Competitor in international markets and indirectly in Turkey through distribution, with comparable technology positioning to Schmid Pekintaş's TOPCon+ products.
- First Solar: Global thin-film (CdTe) PV module manufacturer with utility-scale focus. Competes for large-scale solar projects internationally and indirectly in Turkey through utility-scale tenders, though using a different cell technology than Schmid Pekintaş's TOPCon+.
Regional players
- Zorlu Energy: Turkish renewable energy developer and operator with significant solar EPC and generation assets. Competes with Schmid Pekintaş in Turkish utility-scale solar development under YEKA and other programs, though primarily as a project developer/investor rather than module manufacturer.
Others
- Array Technologies: US-based solar tracker manufacturer and existing partner to Schmid Pekintaş on the 260 MW Karaman YEKA project. Comparable as an adjacent ecosystem participant supplying balance-of-system hardware that complements PV module installations.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Schmid Pekintaş Enerji social profiles
Digital presenceSchmid Pekintaş Enerji compliance and trust
Trust signalCompliance8 records
Schmid Pekintaş Enerji financial estimates
Financial estimateRevenue estimate
Valuation estimate
Schmid Pekintaş Enerji leadership team
Management profileNumber of profiles
Profiles6 records
Schmid Pekintaş Enerji subsidiaries and ownership
Company hierarchySubsidiaries2 records
Schmid Pekintaş Enerji funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Schmid Pekintaş Enerji M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Schmid Pekintaş Enerji
What does Schmid Pekintaş Enerji do?
Schmid Pekintaş Enerji manufactures high-efficiency bifacial photovoltaic solar panels using proprietary N-Type TOPCon+ G12R cell technology at its 3 GW Giga Factory in Düzce, Turkey. Through its subsidiary SPI Energy Solutions, the company also provides turnkey Engineering, Procurement, Construction (EPC) and Operations & Maintenance (O&M) services for solar power plants, delivering end-to-end solar energy solutions to enterprise and utility customers.
Is Schmid Pekintaş Enerji a public or private company?
Schmid Pekintaş Enerji is a private company. It is classified as corporate owned and is currently operating.
When was Schmid Pekintaş Enerji founded?
Schmid Pekintaş Enerji was founded in 2013. It employs 51 to 100 people.
Where is Schmid Pekintaş Enerji based?
Schmid Pekintaş Enerji is headquartered in Mustafa.
How does Schmid Pekintaş Enerji make money?
Two revenue lines are on record. Photovoltaic Solar Panel Sales are the primary driver. The others are EPC (Turnkey Installation) Services.
Who are Schmid Pekintaş Enerji's main competitors?
Direct peers on record are CW Enerji, Kalyon Enerji, Suneva Solar and Biltar Solar. Broad incumbents are Trina Solar, JA Solar, Hanwha Q Cells and First Solar. Zorlu Energy is listed as a regional player. Array Technologies is listed as an others.
Does Schmid Pekintaş Enerji have an API?
No public API is recorded for Schmid Pekintaş Enerji.
What industry is Schmid Pekintaş Enerji in?
Schmid Pekintaş Enerji's product category is Solar Panel Manufacturing. Its primary akta.pro industry code is EUACAGAK, Solar Plant Components Supply & Manufacturing (Modules, Cells, Wafers, Mirrors, Heliostats), with a secondary code of EUAEAAAG, Solar PV Power Plant EPC (Utility-Scale). Its NAICS code is 221114 and its SIC code is 3600.