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GTC Dış Ticaret Ltd.

GTC Dış Ticaret Ltd.

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GTC Dış Ticaret Ltd. was established in 1993 in Istanbul by a female entrepreneur with a female main partner. The company has exported textile and ready-to-wear products from Turkey to Sears Roebuck & Sons and KMart Corporation in the USA from 1993 to 2017 in an uninterrupted manner, and then moved its registered office to Adıyaman and established a textile dyehouse in 2004. Searching for a new industry to operate as of 2010, the company decided to enter the solar power market in 2012, and thus created a multi-purpose, flexible and R&D compliant manufacturing line of solar panels in 2013 in Adıyaman. Having employed newly graduated engineers, trained them in the field of solar panels and, directed them to work for R&D efforts between 2013 and 2016, the company has completed 2 Tubitak projects in 3 years and, accordingly designed and manufactured bifacial and double glass solar panels with a high degree of seasonal and mechanical resistance, for which the testing and certification processes have been successfully completed making use of technologies intended as to minimize the wastage during production. It was entitled to a Utility Model in 2016 with its solar panel output. It is registered by the Ministry of Industry as an R&D Center. Having put up for sale and started the mass-production of the high efficiency solar panels capable of undergoing the tests that are 6 times longer than the competitive solar panels in 2017, the company has made the solar panel production line a full autonomous system with a capacity of 135 MW in line with its own technology. Further, it has increased the number of the team members to 65 engineers, started its 3rd Tubitak Project on solar cells and, carried out the design and feasibility stages for bifacial PERC and heterojunction cells. Having achieved to be entitled to be included into the KOSGEB Technology Investment Program within the scope of this project, the company has changed its name and type and registered as GTC Güneş Sanayi ve Ticaret A.Ş. deciding to continue its business operations only in the solar power industry and establish a solar cell factory. In spite of the certain market difficulties restricting the production of the company to an average amount of 25 MW per year from 2017 to 2020, the team has seized a chance during this period of working on optimum installation of a power plant, and the actual application thereof and, creating a significant size of performance reference. Further, these years have contributed to the progress of awareness of investors and proved the importance of the state power policies. Upon the inclusion of a Technology Venture Capital Fund from Re-Pie Gayrimenkul ve Girişim Sermayesi Portföy Yönetim A.Ş. to the company as of March 2020, the company has achieved to complete its solar cell factory in Bor, Niğde, and this has made possible for GTC to manufacture domestic solar panels using its own technology with a local content ratio of 70% at the solar power sector. This was the expected and long-awaited achievement from the trademark TürkPanel registered in 2017. In addition to the ground-mounted solar power plants, the company manufactured optimum solar panels for the installation at airports, BIPV and roofs for 6 corporate customers listed at the top 100 and got accredited for the installation of power plants with its own solar panels. Attaching great importance to the health of its team during the pandemic process, the company had got a chance of explaining what it has achieved so far and what it aims for the future to the business world through various communication channels and, further strengthened the capabilities of its team.

Business Type Distributors, Manufacturers, OEM, Wholesalers Country / Region
Turkey
Main Products BIPV Address
Petrol Mah. Organize Bölgesi , Sanayi ,
Ownership Total Employees Not Available
Total Annual Revenue Year Established Not Available
Certifications Trademarks
Parents Main Markets Not Available
BIPV
Business Type Distributors, Manufacturers, OEM, Wholesalers
Main Products BIPV
Total Employees Not Available
Year Established Not Available
Trademarks
Main Markets Not Available
Country / Region Turkey
Address Petrol Mah. Organize Bölgesi , Sanayi ,
Ownership
Total Annual Revenue
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