- Business
- Ucay Muhendislik Enerji ve Iklimlendirme Teknolojileri A.S. is a Turkey-based engineering, energy, and climate technology company engaged in the provision of heating, ventilation, and air conditioning (HVAC) systems, natural gas infrastructure, renewable energy installations, and electric vehicle (EV) charging solutions. Founded in 2000 and headquartered in Istanbul, Turkey, the company operates through an extensive branch network across Turkey, serving residential, commercial, and industrial clients. The company operates through several core business segments, offering a comprehensive portfolio of products and services: HVAC and Natural Gas Systems, comprising domestic and commercial natural gas piping, combi boilers, condensing boilers, panel radiators, air-to-water and ground-source heat pumps, multi-split and variable refrigerant flow (VRF) air conditioning units, central heating and cooling plants, and underfloor heating systems; Renewable Energy and Solar Power, providing turnkey engineering, procurement, and construction (EPC) services for rooftop and ground-mounted photovoltaic (PV) solar power plants, solar water heating systems, energy storage solutions, and grid-connection engineering; Electric Mobility Infrastructure, delivering alternating current (AC) and direct current (DC) fast-charging stations, charge point management software, and public/private network operations under its Elaris EV charging brand; Energy Efficiency and Management, offering industrial energy audits, waste heat recovery systems, building energy performance certifications, and energy-saving automation systems; and Mechanical Contracting, providing turn-key mechanical, electrical, and plumbing (MEP) engineering, industrial piping, ventilation ductwork, and post-installation technical maintenance services. In recent developments, the company pursued a public listing on Borsa Istanbul under the ticker symbol UCAYM to finance the expansion of its sustainable energy assets, accelerated the nationwide rollout of its Elaris electric vehicle charging network following regulatory licensing by the Energy Market Regulatory Authority (EPDK), expanded its EPC contracting pipeline for commercial and industrial solar power installations, and increased its regional branch footprint to strengthen its distribution and technical service capabilities across key Turkish metropolitan markets.