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 […]
European Commission: Turkey makes good progress on renewables, energy efficiency
Turkey is moderately prepared in the area of energy, according to the European Commission’s latest report on the country in view of EU enlargement. Good progress has been made on security of supply, renewable energy, and energy efficiency, the European Commission said. In the coming year, Turkey should in particular: adopt legislation in line with […]
Czech energy company CEZ eyes pullout from Romania, Turkey
Czech energy company CEZ is working on divesting assets in Bulgaria but it may also pull out of other markets, including Romania, Turkey, and Poland, CEO Daniel Benes was quoted as saying in an interview with Hospodarske Noviny. In April, majority state-owned CEZ entered exclusive talks with Bulgaria’s Eurohold to sell its assets in the […]
EBRD invests USD 100 million in renewable arm of Turkey’s IC Holding
The EBRD is investing USD 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari, the renewable subsidiary of Turkey’s IC Energy Holding. The Turkish company plans to invest EBRD funds in wind farms and solar power plants with a combined capacity of up to 250 MW. The agreement was inked on the sidelines of […]
