China’s SDIC Power eyes investment in 170 MW wind farm in Turkey – daily
China’s SDIC Power plans to build a 170 MW wind farm worth USD 300 million in Turkey’s Aegean provinces of Aydim and Manisa together with SGI Holding, Daily Sabah has reported. The licensing and bureaucratic processes related to the investment SDIC Power plans have been completed, the daily wrote, adding that SDIC Power is expected […]
Turkey seeks to integrate energy storage into planned solar projects
The Turkish energy ministry has hired DNV GL, a Norway-based global quality assurance and risk management firm, to conduct a feasibility study on combined solar and energy storage solutions, seeking to determine whether the integration of energy storage in the future solar auctions has the potential to further cut energy costs, news agencies have reported, […]
OEDAS inks finance deals worth USD 330 million to upgrade distribution network
Turkey’s electricity distribution company Osmangazi Elektrik Dagitim (OEDAS), a subsidiary of Zorlu Energy Group, has signed project finance agreements with three international finance institutions (IFI) for Turkish lira-denominated lending worth USD 330 million to finance electricity distribution investments. The lending from the European Bank for Reconstruction and Development (EBRD), IFC, a member of the World […]
EBRD mulls equity investment in Turkish renewable energy business
The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret. The portfolio of the renewable energy firm, a unit of IC Ictas Enerji Yatirim Holding, consists of around 400 MW of operational hydropower plants and […]
Turkey sets roadmap to smart grids, plan worth over EUR 4 billion
Turkey plans to replace at least 80 percent of its current electricity meters with smart meters by 2035. It will cost EUR 4,3 billion (TRY 21 billion). Turkey’s Energy Market Regulatory Authority (EMRA) and Association of Distribution System Operators (ELDER) set a plan for this transition. The main goal is to ensure the provision of […]
First ever self-driving e-bus in Istanbul, e-buses in provinces
The first ever self-driving electric bus will soon be placed on streets of Istanbul in Turkey. Meanwhile, e-buses with driver will start operating in two Turkish provinces, Manisa and Elazig. This new driverless e-bus was built by the Istanbul Electric Tram and Tunnel Company (IETT) and it was introduced the very first day of the […]
Turkey plans to conduct solar and wind tenders of 10 GW each
Turkey plans to hold 10 GW of solar and 10 GW of wind tenders in next 10 years as a part of Turkey’s Renewable Energy Resource Zone (YEKA) project. Turkey’s goal is to increase its energy capacity and to focus on renewable sources, Berat Albayrak, Turkey’s energy and natural resources minister announced earlier this week In […]
Nordex awarded three new contracts in Turkey for 178.8 MW
German wind turbine supplier Nordex is awarded three new contracts for a total of 47 multi-megawatt turbines in Turkey. The combined installed capacity of the three projects comes to 178.8 MW. Nordex has announced that it will supply turbines of the N131/3600 and N131/3900 series to “important existing customer” without naming them. Delivery for the […]
