World

Turkish Firm Shows Ambition in the Global Market with a “Safety-Focused Approach” in Renewable Energy

Published

1 year ago

October 17, 2023

In a world increasingly valuing energy investments, renewables eclipse fossil fuels. A recent report by energy research institute, Ember highlights record-breaking wind and solar energy in 2022, signaling the decline of fossil fuels. In this era emphasizing renewable energy, ensuring secure energy control and distribution is crucial. Experts affirm that companies investing here will impact, highlighting the significant strides of Turkish energy giant, XKoren Electric.

XKoren Electric is a rising name, focusing on low-voltage protection and control devices for secure renewable energy. With a mission for a carbon-neutral world through widespread electricity use, it’s rapidly advancing globally with a strong portfolio and broad sales network in Turkey.

WIND AND SOLAR ENERGY BROKE RECORDS IN 2022, MARKING THE DECLINE OF THE FOSSIL FUEL ERA!

Energy, a critical global sector, is indispensable for daily life and economic productivity. Efforts to shift from fossil fuels to renewables intensify worldwide, aiming to combat climate change by reducing carbon emissions and global warming. The United Nations annually hosts the ‘Climate Change Conference,’ where crucial decisions on reducing fossil fuel usage are made. The latest, COP27, held in Egypt with representatives from 194 nations, saw pivotal resolutions for curbing global warming and greenhouse gas emissions, signaling positive global progress.

The recent Ember report reveals compelling data. Wind and solar energy made significant strides, increasing their contribution to global electricity production from 10% in 2021 to 12% in 2022, setting new records. Projections in the report indicate that from 2023 onwards, wind and solar energy will drive a transformative era, witnessing a decline in fossil fuel production and subsequent reduction in energy sector emissions. The report confidently marks the initiation of the decline of the fossil fuel era. Lead author Małgorzata Wiatros Motyka stated, ‘These 10 years, critical for climate action, mark the beginning of the end of the fossil era. We are now entering the era of clean energy.’ Many researchers agree that 2022 signifies the start of the end for fossil fuels.

The global focus on renewable energy investments is growing, with countries offering substantial incentives. Secure energy control and distribution are crucial in this renewable era. Turkish company XKoren Electric made a bold entry into the global race with a 50 million euro investment, following its successful acquisition of a renowned Korean energy company, already attracting attention in the market.

XKOREN ELECTRIC’S IMPRESSIVE VISION THAT GRABS ATTENTION!

Driven by the mission of achieving a ‘carbon-neutral world through widespread electricity usage,’ XKoren Electric swiftly advances to a global role by embracing industry trends. Hasan Kaytan, XKoren Electric’s CEO, boasting a robust portfolio and extensive sales network in Turkey, emphasizes, ‘The world is amid an energy transformation era. The prevalent use of electric energy underscores the need to align energy with nature. XKoren’s mission primarily focuses on mitigating climate change impacts by promoting extensive electricity usage for a carbon-neutral world and ensuring sustainable energy provision

Amidst Turkey’s economic challenges, a company’s strategic acquisition in the energy sector gains significant attention, aiming for global recognition within the country. This undertaking indeed represents a tale of triumph. CEO Hasan Kaytan, from a modest family, began his entrepreneurial journey at a young age. Swiftly making his mark, he emerged as one of Turkey’s notable business leaders, particularly excelling as a CEO under the age of 40. Leading his founded firm into Turkey’s top 500 companies, Kaytan aims to sustain and expand this success globally through significant investments.

Originally from South Korea, XKoren Electric offers comprehensive solutions for industry needs with its low-voltage protection and control products. Now a 100% Turkish brand, XKoren Electric is gaining global recognition, receiving collaborative project proposals worldwide. Positioned as a leading global brand from Turkey, XKoren Electric is gearing up to establish offices in 14 countries across Europe, Central Asia, Africa, and the Middle East.

Hasan Kaytan, XKoren Electric’s CEO, expresses, ‘Our vision extends beyond leading the global switchgear sector. We strive to be an esteemed electricity energy company on a global stage, envisioning our success like a captivating film at the world summit, where the radiance of an electric firefly brightens the darkest night from all directions.

THE NEW STANDARD OF SECURITY IN RENEWABLE ENERGY: XKOREN

XKoren Electric aims for global leadership, innovating low-voltage protection and control devices for secure renewable energy distribution. Crafting protective solutions for diverse electric energy applications, the company operates solely with 100% Turkish capital

XKoren Electric will continue to focus on smart switchgear products with new R&D and P&D studies. The company carefully integrates global innovative technologies into its products, ensuring their effective implementation. XKoren Electric is taking confident steps towards becoming a global energy company with its mottos “In Every Place Where Electricity Is Present’’ and “Complete Solution for Industry,” backed by the latest technological equipment and investments in qualified personnel.

XKOREN’s Gift to Turkey for Its 100th Anniversary!

XKoren Electric is preparing for a grand ceremony in a dazzling smart factory equipped with state-of-the-art devices in Istanbul. The Republic of Turkey is celebrating its 100th Foundation Anniversary in 2023, and events are being organized nationwide for the celebrations. XKoren Energy becoming a new Turkish brand is considered one of the finest gifts to the country for the 100th Anniversary of the Republic.

XKoren Electric’s headquarters, a LEED-certified smart building, boasts an A Plus level EKB energy efficiency certification. This new facility embraces self-sustenance through renewable energy and recycling. Fueled by Industry 4.0 technology, XKoren Electric maintains a strong competitive edge. The CPS-based factory seamlessly integrates artificial intelligence, layered production, and IIoT systems.

World

Turkish Textile Giant Sun Textile Solution Proposal for Drought

Published

3 weeks ago

February 4, 2025

Jenny Jackson

While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.

Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.

The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.

CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!

In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.

The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.

R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!

Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.

OFFERING CUSTOM DESIGNS TO CUSTOMERS

Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.

With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.

Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.