Article

Karadeniz Holding aims to increase its installed capacity by approximately 2.5 times over the next five years. The company operates in over 20 countries across various continents, employing around 3,000 people from 30 different nationalities, with more than half working abroad.

Recently, it launched a 590 megawatt project in Iraq and increased its capacity in the Dominican Republic to 408 megawatts through a new contract. In Senegal, the company transitioned operations from liquid fuels to natural gas and completed necessary infrastructure for the Bel-Air power plant.

Karadeniz Holding is focusing on strategic investments in floating power solutions, LNG terminals, and energy technologies to meet rising global energy demands. The company anticipates that global energy demand could double in the next decade, leading to increased reliance on gas-powered solutions.