Renewables

Turkey plans to conduct solar and wind tenders of 10 GW each

Turkey plans to conduct solar and wind tenders of 10 GW each

Photo: Pixabay

Published

April 18, 2018

Country

Comments

comments icon

0

Share

Published:

April 18, 2018

Country:

Comments:

comments icon

0

Share

Turkey plans to hold 10 GW of solar and 10 GW of wind tenders in next 10 years as a part of Turkey’s Renewable Energy Resource Zone (YEKA) project.

Turkey’s goal is to increase its energy capacity and to focus on renewable sources, Berat Albayrak, Turkey’s energy and natural resources minister announced earlier this week

In terms of energy growth demand, Turkey is the second country in the world (after China). Its energy sector is also heavily dependent on imports with an average of EUR 35 billion for energy imports.

The Turkish government introduced the Renewable Energy Resource Zone (YEKA) model in 2016 aiming to commission large-scale renewable energy projects through utilization of locally-manufactured components in the renewable power plants.

“Renewable energy is one of the most significant points of energy security in our plan”, said Albayark at Berlin Energy Transition Dialogue.

Recalling last year’s YEKA tenders for 1 GW of solar and 1 GW of wind energy, he emphasized that the price per MWh in the wind tender showed the world that renewable resources could be competitive in terms of costs too, Anadolu agency wrote quoting Albayark.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets

IRENA La Camera renewables must grow higher speed scale

IRENA’s La Camera: Renewables must grow at higher speed, scale

12 July 2024 - IRENA's Director-General Francesco La Camera warned of ongoing patterns of concentration in geography in renewables deployment as well as against complacency

green steel electric vehicles study transport environment

Switching to green steel would add just EUR 8 per electric vehicle by 2040

11 July 2024 - Switching to 40% green steel would add just EUR 57 to the sticker price of an electric vehicle in 2030, according to an analysis by T&E

Albania declares eight winners at 300 MW solar power auction

Albania declares eight winners at 300 MW solar power auction

10 July 2024 - The lowest bid at Albania's solar power auction came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh