Aydem renewables unit may reach USD 1.5 billion in stock market debut
Aydem Holding reactivated the plans to float its green energy portfolio at the Istanbul exchange, aiming to raise USD 300 million
Enerjisa Uretim secures EUR 650 million to invest in wind farms
Turkey-based power utility Enerjisa Uretim has secured a EUR 650 million loan for renewable energy investments and reducing debt. The loan has been provided by seven banks: Akbank, Garanti BBVA, Türkiye İş Bankası, HSBC, ING, TEB and İşbank AG. The company has won an opportunity to install wind farms on the YEKA tender İhsan Erbil […]
Istanbul completes first phase of world’s biggest landfill gas power plant
The first 20 MW came online in Istanbul Energy’s landfill gas power plant, which uses 20 hectares under waste. At full capacity, 90 MW and 130 hectares, it will be the biggest system of its kind on the planet, according to Mayor Ekrem İmamoğlu. The Istanbul Metropolitan Municipality (İBB) finished the first part of its […]
Virtual power plant in Turkey balances renewables with geothermal capacities
Geothermal plants of 103 MW joined the pool in Pure Energy's virtual power plant in Turkey so the firm optimized its electricity trade and boosted its balancing capacity
Turkey’s regulator licenses 1 GW Karapınar solar power plant
Following the start of operations of its integrated solar cell plant in Ankara, Kalyon got a license from EMRA for the 1 GW solar power system that it is working on in Turkey’s central Konya region. The two projects are worth USD 1.4 billion overall. Kalyon Group received a license for the planned solar power […]
Turkey opens integrated solar cell factory within USD 1.4 billion project
Kalyon and China’s CETC built a manufacturing complex in Ankara for all components for solar power panels. The factory worth USD 400 million will supply the products to the company’s 1 GW photovoltaic project in Karapınar in central Turkey. Total investment is planned to reach USD 1.4 billion. Production officially started at Kalyon Group’s facility […]
Turkey to blend green hydrogen into natural gas supply network for heating
GAZBİR tested a 20% share of hydrogen in natural gas and measured an increase in energy efficiency and lower carbon emissions, so Turkey is looking to introduce the fuel produced by using renewable sources in heating. Turkish energy companies started a project supported by the Energy Market Regulatory Authority (EMRA) to reduce the country’s dependence […]
GGF provides EUR 25 million in green finance to DenizBank in Turkey
A senior loan of EUR 25 million to the new partner in Turkey will increase the uptake of renewable energy, energy efficiency and resource efficiency measures, GGF said. The deal with DenizBank is seen resulting in annual primary energy savings of 58.4 GWh and a CO2 emission reduction of 13,000 tons. The Green for Growth […]