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November 9, 2018

Turkish chemicals firm gets EUR 15 million loan from EBRD to contribute to greener tire production

The European Bank for Reconstruction and Development (EBRD) is lending EUR 15 million to Turkish chemicals maker Egesil Kimya Sanayi ve Ticaret A.S., majority owned by Germany’s Evonik Industries, to…

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November 8, 2018

Tendering for 4 wind farms launched, ceiling price set at USD 0.055/kWh

Turkey’s Energy and Natural Resources Ministry has launched tendering for the construction of four wind farms with a total installed capacity of 1,000 MW, according to reports. This is the second…

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November 5, 2018

Exergy to supply first-ever Made-in-Turkey generator for 10 MWe geothermal power plant

Exergy, a subsidiary of Italy’s Maccaferri Industrial Group, has attained the Turkish Certification for local manufacturing of generators thanks to collaboration with Nidec ASI, a multinational specialized in heavy duty…

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October 30, 2018

Istanbul’s deposit system lets you pay transit fare with recyclables

As cities around the world start deploying deposit systems, Istanbul, with a population of nearly 15 million, has taken its efforts to increase recycling rates a step further. It now…

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October 11, 2018

Akfen secures USD 363 million in lending for USD 530 million renewables project

Akfen Renewable Energy, the renewables arm of Turkey’s Akfen Holding, has secured a total of USD 363 million in lending from six banks for its USD 530 million project to…

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October 4, 2018

Turkey to launch 1 GW solar tender in January, include storage at one site – ministry

Turkey’s Ministry of Energy and Natural Resources has announced that a 1 GW solar tender will be launched in January, with a 30 MW/ 90 MWh (AC) storage project to…

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September 14, 2018

Izmir secures EUR 80 million loan for EUR 250 million investment in low-carbon metro

Izmir, Turkey’s third-largest city with a population of close to 4.2 million, has secured a EUR 80 million loan from the European Bank for Reconstruction and Development (EBRD) for a…

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September 12, 2018

Akfen to build 4 new wind farms, 9 PV plants with EBRD’s backing of up to USD 102 million

The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to USD 102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding….

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August 22, 2018

IBC Solar commissions new PV plant, as lira crisis rattles solar market, but is also seen as opportunity

The Turkish subsidiary of German photovoltaic (PV) systems and energy storage company IBC Solar AG has commissioned a turnkey solar energy project with a total capacity of 1.161 MWp in…

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August 15, 2018

EBRD seeks geothermal, offshore wind consultants for Turkey

The European Bank for Reconstruction and Development (EBRD) has invited technical and financial proposals from consultants to produce a study of the overall short- and long-term geothermal district energy potential…

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July 30, 2018

QNB Finans Leasing gets EUR 25 million loan from EBRD to finance energy efficiency investments

QNB Finans Finansal Kiralama A.S., a leasing subsidiary of Turkey’s QNB Finansbank, has received a EUR 25 million loan from the European Bank for Reconstruction and Development (EBRD) to on-lend…

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July 20, 2018

BEAD – Converting commercial properties into intelligent digital buildings saving energy, reducing emissions

Energy consumption in buildings currently accounts for over 40% of all energy consumed in Europe and US. Human behavior alone is the source of 20%-40% of energy waste in buildings….

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