Turkey adds 457 MW of installed wind energy capacity in 2018
A total of USD 650 million was invested in Turkey’s wind energy sector to add 457 MW of installed capacity in 2018, the Turkish Wind Energy Association’s (TUREB) data shows. According to the Turkish Wind Energy Statistics Report 2019, Turkey’s total installed wind capacity reached 7,369 MW in 2018, Anadolu Agency reported. The sector grew […]
Tender cancellation affirms view of near-term Turkey renewables slowdown – Fitch Solutions
This article is a reprint of content originally published on fitchsolutions.com on January 17, 2019. The reprint is published with express written consent from Fitch Solutions. Fitch Solutions: Turkey’s decision to delay its 1 gigawatt (GW) solar capacity tender in January affirms our view that growth in the country’s non-hydropower renewables sector will slow over 2019/2020, as projects […]
Turkey cancels solar tendering, applications to compete for 1 GW of wind due by March 7
Turkey has canceled tendering for a total of 1 GW of solar capacity, and is now expected to reschedule it during 2019, while applications to take part in the second YEKA wind tendering, for a combined capacity of 1 GW, are due by March 7, according to reports. The postponed procurement was to be split […]
Turkish chemicals firm gets EUR 15 million loan from EBRD to contribute to greener tire production
The European Bank for Reconstruction and Development (EBRD) is lending EUR 15 million to Turkish chemicals maker Egesil Kimya Sanayi ve Ticaret A.S., majority owned by Germany’s Evonik Industries, to increase production of precipitated silica, a key component of energy-efficient tires that reduce carbon emissions, according to a news release from the EBRD. The loan […]
Tendering for 4 wind farms launched, ceiling price set at USD 0.055/kWh
Turkey’s Energy and Natural Resources Ministry has launched tendering for the construction of four wind farms with a total installed capacity of 1,000 MW, according to reports. This is the second wind power tendering announcement issued by the ministry. In August last year, the ministry awarded a 1 GW wind farm to a consortium including two Turkish […]
Exergy to supply first-ever Made-in-Turkey generator for 10 MWe geothermal power plant
Exergy, a subsidiary of Italy’s Maccaferri Industrial Group, has attained the Turkish Certification for local manufacturing of generators thanks to collaboration with Nidec ASI, a multinational specialized in heavy duty industrial applications, according to a press release from Exergy, the producer of the Organic Rankine Cycle (ORC) systems for electricity production from renewable energy sources and waste heat […]
Istanbul’s deposit system lets you pay transit fare with recyclables
As cities around the world start deploying deposit systems, Istanbul, with a population of nearly 15 million, has taken its efforts to increase recycling rates a step further. It now allows residents to top up public transportation cards by trading in plastic bottles or aluminum beverage cans. As part of the Turkish city’s deposit system […]
Akfen secures USD 363 million in lending for USD 530 million renewables project
Akfen Renewable Energy, the renewables arm of Turkey’s Akfen Holding, has secured a total of USD 363 million in lending from six banks for its USD 530 million project to build four new wind farms and nine solar photovoltaic (PV) plants with a combined capacity of 327 MW. Akfen Renewable Energy is providing USD 167 […]
