Rönesans Holding
Renaissance Energy Generation, INC. is a subsidiary of Rönesans Holding which is undertaking investments in the energy sector. In its activities, Renaissance Energy benefits extensively from the experiences of Renaissance Construction, another subsidiary of Rönesans Holding, and makes use of these experiences to achieve its strategic targets.
Renaissance Energy is established in 2007, with the aim to explore the investment opportunities in the rapidly growing Turkish energy market. Renaissance Energy, with a highly experienced staff in the energy sector, decided to carry out its initial activities by primarily investing in the field of renewable energy production and especially constructing hydroelectric power plants (HEPP).
The first investment of Renaissance Energy was to construct the Yalnızca HEPP near the city of Karabük. After winning a public tender and receiving a license to construct and operate for 40 years this hydroelectric power plant, Renaissance Energy initiated its first investment and completed the construction of Yalnızca HEPP in 18 months. Yalnızca HEPP generates power since October 2009, with an installed power capacity of 15,75 MWm.
Projects
- Using the AVIEW | EMDB solutions to reach the power plant information in the electricity market,
- Using the AVIEW | MARKETSIM solution for long-term price forecasting,
- Using the AVIEW | THERMOSIM software solution regarding the selection of appropriate turbine models for thermal power plants