Turkey’s MB Holding to build second ORC geothermal power plant in Croatia
Zagreb-based MB Geothermal, wholly-owned by Turkish MB Holding, has signed a contract with Croatian engineering firm Ekonerg to design a binary (ORC) geothermal power plant called Legrad, with an installed capacity of 19.9 MW, in what will be MB Holding’s second major geothermal project in Croatia, according to a press release from MB Geothermal. The […]
LM Wind Power’s plant in Bergama produces 500th blade
Wind turbine blade designer and manufacturer LM Wind Power, a GE Renewable Energy business, has produced the 500th blade at its Bergama, Turkey plant since the facility opened two years ago. “Devoted to responding to the growing demand for wind energy worldwide – including in Turkey, Europe and Asia – the 500 blades produced so […]
USD 350 million secured for 3 new units at EFELER, Turkey’s largest geothermal power plant
Turkey’s Gurmat Elektrik, a renewable energy subsidiary of Güriş Holding, has secured a USD 350 million financing package for three new units at EFELER, the country’s largest geothermal power plant, according to a joint press release from three major development banks. EFELER is located in western Turkey, in the region of the Buyuk Menderes Graben […]
GE agrees major wind turbine deals in Turkey
GE Renewable Energy, which already has an over 1,200 MW installed base in Turkey, has agreed two more major deals to supply wind turbines and other equipment in the country, for a 158 MW project and a 138 MW project, according to press releases from the company. The first project in Turkey that GE Renewable […]
Bereket Enerji to offer portfolio of 1,100 MW HPPs, wind farms on stock market
Turkey’s energy group Bereket Enerji will offer a portfolio of about 1,100 MW hydropower plants and wind farms on the stock market as a part of a USD 4.6 billion debt restructuring deal with 9 banks. The power plant portfolio will be traded in the first quarter of the year, local media reported. Bereket Enerji […]
Turkish circular economy-based solid waste PPP secures EUR 9 million loan
A joint venture between France’s Suez Groupe and Turkish waste management firm Altas has secured a EUR 9 million loan for a EUR 15 million circular economy-based project to develop an integrated solid waste management system in Turkey’s province of Canakkale under a public-private partnership (PPP). According to the lender, the European Bank for Reconstruction […]
Turkey global leader in new geothermal capacity in 2018, Croatia sixth
Turkey was the global leader in adding new geothermal capacity in 2018, with 219 MW. Croatia was sixth worldwide, with 17.5 MW. Turkey completed several geothermal power projects in 2018, raising its installed capacity by 21% or 219 MW, to 1.3 GW, according to a report by think tank Renewable Energy Policy Network for the […]
Turkey touts ambitious renewable energy plans as it awards 1 GW of wind capacity
Turkey aims to increase the share of the domestic and renewable energy sources in the country’s electricity production to two-thirds by 2023, said Turkey’s Energy and Natural Resources Minister Fatih Donmez said at a recently held G20 ministerial meeting in Japan. “Last month another wind auction for 1 gigawatt capacity was also successfully completed,” Donmez […]