Turkey preparing to join global leaders in energy storage

The Turkish Energy Market Regulatory Authority (EMRA) has announced a Draft Regulation on Electricity Storage Activities, based on the Electricity Market Law. Attorneys-at-law of CMS in Turkey explain the implications and the planned regulation’s contribution to advancing the country’s sustainable energy strategy. Scope of the Draft Regulation The Draft Regulation will set out the principles and […]

Turkey: No energy consumption taxation for self-generators

The Turkish Constitutional Court has ruled that self-generators should not pay energy consumption tax to municipalities. The decision is significant for the entire energy sector and individuals generating their own energy, including from renewable energy sources (prosumers). Attorneys at law of CMS in Turkey explain how. The Turkish Constitutional Court recently decided that municipalities should […]

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 […]

Renewables February 18, 2019

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 […]

Renewables February 8, 2019