We, as 3S Kale Enerji, we get our way with the mission “to become one of the leading companies of Turkey in the field of research and production of Renewable Energy”. We are operating on renewable energy field as 3S Kale Energy Production Company. We especially focused on “geothermal energy”. We have 7 licensed fields 1 in Aydın, 5 in Niğde region and 1 in Manisa region. We are continuing exploration and sounding operations in our licensed areas. We are investing on geophysical, geological and drilling operations. We have invested totally 20 million USD in our operations for our Aydın License area located within Graben of Greater Menders. When we complete necessary production and reinjection wells for a 25MW power plant we are planning to establish at the first stage, the amount of investment will reach up to 45 million USD in 2017. When it is considered that power plant will cost totally 25 million USD, total investment in the region will amount 84 million USD.
Our licensed field in Manisa is located within Gediz Graben which has high geothermal potential in Western Anatolia. Approximately 1 million USD of investment made for survey studies during summer months of 2017. If sources are explored, then the amount of our investment will increase naturally as it is in our Aydın License area.
Our licensed area in Niğde is located in Cappadocia region which is of importance in terms of tourism potential of our country. Up to day, geothermal water sources with sufficient amount and temperature to enable electrical energy production cannot be detected yet. This is due to lack of surveys performed in the region as well as because of geothermal companies abstaining from region due to posed risks. Our company is continuing research and sounding operations in 4 separate licensed fields in spite of high risk. Totally 5 million USD of investment is made in this region. If we can explore geothermal sources with desired quality and quantity, we believe that whole Central Anatolia region will become the most important region of energy production of our country.
Our company is interested in young volcanic regions of East Anatolia and fault lines of North and East Anatolia along with geothermal regions located in West and Central Anatolia and carrying necessary studies to discover geothermal potential of these areas. The reason of our wish to extend our researches to entire country is our desire to become an internationally leading energy company in long term. Although we have focused on geothermal energy production for now, we are also considering operating in the sector of other renewable energy types such as solar and wind- energy. We are also interested in fossil fuels such as petroleum and natural gas. We have a growth target to reach at least 100MW geothermal power plant capacity within following 5 years.