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 […]
Zorlu Energy merging its geothermal, renewables businesses for IPO
Zorlu Enerji Elektrik or Zorlu Energy intends to establish a renewables subsidiary and prepare it for an initial public offering. The new company, Zorlu Yenilenebilir Enerji, will focus on geothermal projects, according to the agenda prepared for the general assembly next month. Zorlu Jeotermal Enerji Elektrik, Zorlu Doğal Elektrik and Rotor Elektrik, fully owned subsidiaries […]
Electricity consumers in Turkey to get renewables-only tariff option
Starting in August, businesses and households in Turkey will be able to buy electricity generated exclusively from renewables and the state has drafted rules for guarantees of origin so that power producers can prove the source. The government in Ankara scheduled tendering for solar power plants with an overall capacity of 1 GW for October. […]
GGF, Yapı Kredi Leasing support renewables in Turkey with loan package of EUR 20 million
The Green for Growth Fund – GGF invested in Turkey’s Yapı Kredi Leasing for the fourth time. The senior loan of EUR 20 million is primarily intended for rooftop solar installations at industrial facilities. The Green for Growth Fund (GGF) said it provided a senior loan of EUR 20 million to Yapı Kredi Leasing, based […]
