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 […]
Limak to start last turbine at new 420 MW Çetin hydropower plant in Turkey
Production has started at three units in the 165-meter Çetin hydropower plant dam and Limak expects to bring another Francis-type turbine of 134.2 MW online soon. Limak Energy is becoming the third-largest private player in the hydropower sector in its home country as the portfolio should top 1 GW this month. The company is about […]
GE Renewable Energy to supply 52 wind turbines to Fina Enerji
GE Renewable Energy will deliver 52 of its 3 MW platform onshore wind turbines to Fina Enerji for four wind farms in Turkey: Bağlama, Tayakadın, Yalova, and Pazarköy. The deal also includes a 10-year servicing agreement. With a total capacity of 193 MW, the wind farms will produce enough clean energy to power the equivalent […]
