EU wind power growth must double to match Green Deal terms: report
Turkey was first in the region last year in new and cumulative capacity, the size of successful tenders and new asset financing. EU saw the share of wind power as primary source jump to 15% in 2019. Data obtained by WindEurope showed the installed wind power capacity in the continent reached 205 GW last year, […]
Borusan EnBW gets loan from EBRD, ICBC to add 72 MW to wind farm
The new project in northwest Turkey costs USD 101 million. Borusan EnBW must adapt the existing 28 MW wind park’s operations to protect birds and bats. A part of the USD 74 million credit package will be used to reprogram a leasing arrangement. The Kıyıköy power plant is growing to 100 MW. The European Bank […]
Renewable energy producers in Turkey get EUR 5.8 billion in incentives in 2019
Renewable energy producers in Turkey received TRY 38.04 billion (EUR 5.8 billion) in incentives in 2019 under the Renewable Energy Support Scheme (YEKDEM), according to data provided by Energy Exchange Istanbul (EXIST). Under the YEKDEM program, renewable energy plants get feed-in tariffs. The stimulus is available for for wind, hydro, geothermal, biomass and solar. A […]
Clim@ finalist Episome adding clients for waste paper sludge processing
Every year, the paper industry spends EUR 3 billion on the disposal of waste and related fines and fees. A medium-sized plant loses EUR 7 million this way, where paper sludge is a major item in the expenses. Episome Biotechnologies, a startup established in Turkey, managed to bypass it by breaking down the material with […]
Turkey produces record 131.9 TWh of power from renewables last year
The latest data, published by the Solar Energy Investors Association (Güyad) and the Hydroelectric Power Plants Industry Businessmen Association or Hesiad, renewable power generation climbed to unseen levels in 2019. Hydroelectric plants contributed a record 88.64 TWh, including all-time peaks on May 23, with 401.3 GWh, and the month of May – 11.5 TWh. Hydro […]
TOGG presents Turkey’s first domestically made electric vehicle
President Recep Tayyip Erdoğan is about to take the prototype of a compact sports utility vehicle for a spin for the media in Gebze near Istanbul. Turkey’s Automobile Joint Venture Group Inc., founded under the auspices of the Ministry of Industry and Technology, is developing the first domestically produced car within a planned series of […]
Kalyon building solar systems factory to make 500 MW in panels per year
Production of photovoltaic equipment is scheduled to begin at the end of April in Ankara’s organized industrial zone, OIZ, where Kalyon Group began the construction of its integrated plant. At the presentation, its representatives said they earmarked USD 400 million in the project. Board member Haluk Kalyoncu claimed the unit would substitute USD 300 million […]
ESM, Girişim sign deal for 10 MW Oslomej PV plant in North Macedonia
North Macedonia’s state-owned electricity producer Elektrani na Severna Makedonija (ESM – formerly ELEM) and Turkish EPC contractor Girişim Elektrik have signed a contract for the installation of the 10 MW Oslomej solar power plant. The investment in the photovoltaic (PV) unit is estimated at EUR 6.9 million. The contract was signed by Vasko Kovačevski, Chairman […]
