NEWSROOM

As the world struggles with energy crisis triggered by geopolitical tensions and economic turmoil, energy investments accelerated. The International Energy Agency predicted that energy investments will increase by 8% in 2022. Investments in areas such as energy efficiency and green energy led the growth of global energy investments. A company in Turkey working in the field of industrial energy efficiency has received an investment of 4 million euros.

*** This release is originally published in Turkish.

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ISTANBUL (TR) - Rising prices, increasing costs, economic uncertainty, energy security concerns and the imperatives of climate change have increased global energy investments. While the International Energy Agency predicts that energy investments will increase by 8% in 2022 despite the global economic conditions, investments in companies working in the field of clean energy and energy efficiency took the lead in this growth, which is estimated to reach 200 billion dollars. A new one has been added to large-scale energy efficiency investments in Turkey, which has made a name for itself in the world with its strong entrepreneurial ecosystem. GT Carbon Trace, which produces axial fan blades that provide 30% energy savings for industrial establishments with cooling towers, received an investment of 4 million euros from Arz Portfolio 3rd  Venture Capital Investment Fund.

GT Carbon Monitoring Founder and Chairman of the Board Savaş Tosun said, "As GT Carbon, we have been offering unique solutions in the Turkish market to the leading industrial establishments of our country for years. GT axial fiber fan blades, designed and manufactured by us, provide more energy than their competitors. I believe that with the investment we received from Arz Portfolio Third Venture Capital Investment Fund, we will contribute to the reduction of our country's energy-based current account deficit much more strongly."

It provides 300 thousand megawatts/hour current gain

Axial fans are used in many sectors, especially in power generation facilities, iron and steel, petrochemistry, textile and food. Stating that axial fan blades are one of the solutions needed by every factory with an energy consumption of 1000 TEP (tons of oil equivalent), Savaş Tosun said, “As a company founded by professionals with more than 30 years of experience in the industry, we saw the potential of carbon fiber years ago. As a result of extensive R&D studies, we produced our axial fan blades, which promise a lifetime of 49 years, provide a short return on investment, and reduce the carbon footprint of businesses with a minimum 30% energy saving. Our research shows that 1 million megawatts of energy is consumed each year due to the use of axial fan blades in factories. Our product, which distinguishes itself from its competitors with its material quality and aerodynamic structure, ensures that 300,000 megawatts of energy is brought to the country's economy every year with 30% energy savings. As GT Carbon, we are working with the aim of closing both the current and energy deficit of our country with high technology products in this period when energy prices are rising worldwide.”

“We will support Turkish companies that produce solutions for sectoral needs”

Reminding that the latest reports of the International Energy Agency on the Renewable Energy Market emphasize that renewable energy has a great potential to reduce energy prices and dependence on fossil fuels in the short and long term, Arz Portfolio General Manager and Board Member Murat Onuk commented: : “In the midst of a global energy crisis, we believe that any project that promotes efficiency will contribute to national capital. We follow with interest the companies that have the potential and determination to support the transformation of the energy sector in terms of sustainability and efficiency. We monitor the rise of impact investing, which aims to create positive environmental, economic and social value, and evaluate our venture capital investment funds from the perspective of impact investing, believing that our country has a strong potential in terms of energy supply, efficiency and sustainability. The 4 million euro investment we made in GT Karbon is a very important step for us as well. We will continue to support Turkish companies that aim to produce solutions for the rapidly changing needs of sectors such as energy, food, finance, education, logistics, software and deep technology.”