Akfen commissions first of four wind farms slated for completion in 2019

Minister: Trusina wind park to go online next year

Photo: Pixabay


March 20, 2019






March 20, 2019





Akfen Renewable Energy, the renewables arm of Turkey’s Akfen Holding, has put into operation the first of four wind farms planned to go on stream in 2019. The 26 MW Kocalar wind farm became operational last week, according to reports.

The Kocalar wind farm will meet the electricity demand of 120,000 consumers annually, according to a news release from the European Bank for Reconstruction and Development (EBRD).

The EBRD is one of six banks financing Akfen’s construction of four new wind farms and nine solar photovoltaic (PV) plants with a combined capacity of 327 MW. The project is worth USD 530 million, of which the banks are financing USD 363 million, while Akfen has secured USD 167 million from own sources.

Apart from Kocalar, the wind farms include Ucpinar (99 MW) and Hasanoba (51 MW) in Canakkale, a province in northwestern Turkey on the Dardanelles Strait, and Denizli (66 MW) in the eponymous province in the south-west of the country.

The Kocalar wind farm will meet the electricity demand of 120,000 consumers annually

The wind farms, once operational, are expected to save around 340,000 tonnes of greenhouse gas emissions per year.

The combined capacity of the nine new solar PV plants will be 85 MW.

“With the projects that we will realise, we are taking firm steps towards our aim to reach a total installed capacity of 1,000 MW in clean energy generation by 2020. We will continue to make new investments and potential acquisitions, especially in the wind power sector, in the forthcoming period,” Kayril Karabeyoglu, CEO of Akfen Renewable Energy, said earlier.

Turkey’s installed wind capacity nears 7.4 GW in 2018

A total of USD 650 million was invested in Turkey’s wind energy sector to add 457 MW of installed capacity in 2018, with total installed wind capacity reaching 7,369 MW.

Turkey has invested USD 11 billion in the wind energy sector to date. The country is the 7th in Europe by cumulative wind energy installations, behind Germany, Spain, the UK, France, Italy, and Sweden, according to a recent report by WindEurope, a Brussels-based association promoting wind power in Europe.

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

INA intends to produce green hydrogen at Rijeka oil refinery

INA intends to produce green hydrogen at Rijeka oil refinery

30 November 2022 - The green hydrogen will be used to supply the transport sector in Croatia and for the refinery’s own consumption

Turkey new energy storage regulation to spur unseen investment boom

Turkey’s new energy storage regulation to spur unseen investment boom

30 November 2022 - EMRA Chair Mustafa Yılmaz said applications came in for storage in combination with renewables with a stunning 67.3 GW in total capacity

Greece remains world most attractive renewable energy markets RECAI

Greece remains among world’s most attractive renewable energy markets

29 November 2022 - EY kept Greece and Turkey in its Renewable Energy Country Attractiveness Index of 40 countries. In another ranking, Greece is second in the world!

romania popescu minister power storage battery

Romania to grant EUR 103.5 million for battery storage projects

29 November 2022 - The Government of Romania has launched a public call for EUR 103.5 million in grants for investments in electricity storage capacities