Karpowership is a member of Karadeniz Energy Group, Istanbul, Turkey. The group is a pioneer in innovative energy projects for the last 20 years, with investments in domestic and international markets.

The group started its energy investments in 1996, and is the first private electricity exporter in Turkey. Today, the group owns and operates more than 3,000 MW installed capacity globally.

Karpowership is the only owner, operator and builder of the first Powership (floating power plant) fleet in the world. Since 2010, thirteen Powerships have been completed with total installed capacity exceeding 2,700 MW. Additional 4,500 MW of Powerships are either under construction or in the pipeline.

Karpowership’s current fleet supplies 15% of Southern Iraq, 27% of Lebanon, 22% of Ghana, 16% of Zambia and 31% of North Sulawesi, Indonesia’s total electricity generation with four more Powerships scheduled to be deployed throughout Indonesian Archipelago in 2016.