Japanese firms Enechange and Looop will invest $10 million to acquire joint operation rights for 10 years for a solar power plant in Turkey’s western province of Denizli.

According to the Turkish Embassy in Tokyo, a video conference meeting was organized to share details of the investment which will be realized through a joint energy fund, with a total investment target of $100 million in which Japanese companies will carry out decarbonization investments over the next 10 years.

As the first investment project, the two Japanese companies agreed to acquire the operation rights of a solar power plant in

Read more: Japan's Enechange, Looop invest in Turkish solar plant