RENEWABLE ENERGY RESOURCES

Mass production of electricity from renewable energy flows requires technology that harnesses the power of natural phenomena such as sunlight, wind, tides and geothermal heat. Renewable energy resources contribute approximately 25% of human energy use worldwide.

For further contribution, Unit Group has initiated a program for the implementation of turning these environmentally friendly renewable energy resources into energy, mainly electricity. The vigorous investment program that has been initiated for this purpose consists of first, small to medium scale run-of-river (RoR) hydroelectric power plant projects in the range of 5 to 40 MW for a total RoR portfolio of 150 MW. Secondly, as another natural and renewable resource, acquisition of the rights for an investment of a wind power plant with a total installed capacity of 65 MW have been obatined and initial studies for this portfolio have begun. Last but not least, coming from deep down, geothermal power plant projects are also in Unit Group’s interest in Turkey where the potential is one of the most discoverable and efficient for electricity generation. Knowing that, the Group has obtained Geothermal Resource and Mineral Waters Research License in late 2008 for two geothermal fields in worldwide known Aydin and Denizli. Preliminary studies for the exploration of resources and further development of the sites are scheduled to be executed within the first half of 2009 which will be followed by the completion of the power plant and electricity generation. As the potential and technological resources for other renewables increase, Unit Group will carry on being dedicated to offer the energy coming from renewables to human use.