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 […]
Energy efficiency Action plan to save Turkey USD 30 billion by 2033
The National Energy Efficiency Action plan will help Turkey save USD 30.2 billion in next 15 years. Both residential and industrial energy sectors will be subjects to energy efficiency refurbishment. The Turkish High Planning Council approved this plan in January.The plan has 55 actions planned to develop energy efficiency measures throughout various sectors in industry, construction, […]
Siemens Gamesa inks 1GW wind deal in Turkey
Siemens Gamesa Renewable Energy has announced that the company signed an agreement to develop up to 1 GW of onshore wind capacity in Turkey. Spanish turbine manufacturer is a part of a consortium, which includes two Turkish companies – the infrastructure development firm Kalyon Enerji and the investor Turkerler Holding. The consortium won in the first […]
Call for applications: renewables included in IPARD II in Turkey
Turkish renewable energy sector is one of the sectors to be financially supported by the Agriculture and Rural Development Support Institution (ARDSI) under the Farm Diversification and Business Development Measure. The online applications are open until March 12, while the submission of applications could be made until March 15. Renewable energy investments are included as […]
