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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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July 10, 2018

Turkey sets October 23 as bidding deadline for world’s largest offshore wind farm

The deadline to bid for Turkey’s first and the world’s largest offshore wind farm has been set at October 23. The 1.2 GW offshore wind farm will need to be…

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June 13, 2018

China’s SDIC Power eyes investment in 170 MW wind farm in Turkey – daily

China’s SDIC Power plans to build a 170 MW wind farm worth USD 300 million in Turkey’s Aegean provinces of Aydim and Manisa together with SGI Holding, Daily Sabah has…

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June 11, 2018

Turkey seeks to integrate energy storage into planned solar projects

The Turkish energy ministry has hired DNV GL, a Norway-based global quality assurance and risk management firm, to conduct a feasibility study on combined solar and energy storage solutions, seeking…

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June 4, 2018

OEDAS inks finance deals worth USD 330 million to upgrade distribution network

Turkey’s electricity distribution company Osmangazi Elektrik Dagitim (OEDAS), a subsidiary of Zorlu Energy Group, has signed project finance agreements with three international finance institutions (IFI) for Turkish lira-denominated lending worth…

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May 22, 2018

EBRD mulls equity investment in Turkish renewable energy business

The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret….

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Turkey sets roadmap to smart grids, plan worth over EUR 4 billion

April 27, 2018

Turkey sets roadmap to smart grids, plan worth over EUR 4 billion

Turkey plans to replace at least 80 percent of its current electricity meters with smart meters by 2035. It will cost EUR 4,3 billion (TRY 21 billion). Turkey’s Energy Market…

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First ever self-driving e-bus in Istanbul, e-buses in provinces

April 23, 2018

First ever self-driving e-bus in Istanbul, e-buses in provinces

The first ever self-driving electric bus will soon be placed on streets of Istanbul in Turkey. Meanwhile, e-buses with driver will start operating in two Turkish provinces, Manisa and Elazig….

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