EBRD extends support to renewable energy projects in Turkey
The European Bank for Reconstruction and Development (EBRD) is financing small-scale renewable energy and resource efficiency projects in Turkey with an extension of EUR 400 million. The funds will be extended under the EBRD’s Turkey Sustainable Energy Financing Facility (TurSEFF), a program originally designed to finance small and medium-sized enterprises (SMEs) seeking to improve their […]
Exergy’s Denizli Tosumlar ORC geothermal plant in Turkey wins top plant award
The Denizli Tosunlar ORC geothermal power plant in Turkey received the Top Plant award in the Renewable energy project domain. Italian company Exergy S.p.A. built it for its client Akça Enerji in 2015. The Power Magazine awarded the Denizli Tosunlar ORC geothermal plant as a part of its “Power Awards” competition, and announced its decision […]
Turkish authorities approve five Exergy geothermal units in just five days
Italian energy equipment manufacturer Exergy S.p.A. managed to win approval from Turkish authorities for five different geothermal units in five days. The manufacturer of the radial outflow turbine technology said that the Turkish Ministry of Energy and Natural Resources declared that geothermal facilities named Kubilay I, Mehmet Han, Ken Kipas, Umurlu II and Sultanhisar I […]
World Bank supports geothermal energy development in Turkey
The World Bank supports Turkey with USD 289.8 million to encourage private sector investment in geothermal energy development. Geothermal energy projects in Turkey will be supported with an IBRD loan of USD 250 million and a Clean Technology Fund grant of USD 39.8 million, reported Anadolu Agency. The World Bank’s Board of Directors approved a […]
New EBRD support for renewable energy investments in Turkey
The European Bank for Reconstruction and Development (EBRD) is providing USD 55 million to Turkish lender Isbank to finance private investments in renewable energy and resource efficiency projects. The new agreement comes as a “part of the EBRD’s strategy to help Turkey meet a growing demand for electricity and diversify away from expensive imported fuel, […]
Exergy signed new contract for 24 MW geothermal ORC power plant in Turkey
Exergy and Bestepeler Enerji Üretim Ticaret A.s signed a new contract for the supply of a 24 MWe geothermal ORC power plant for a geothermal field near the town of Germencik in Aydin region on the country`s west. This contract follows the former contract signed in 2015, and represent another success of Italian manufacturer in Turkey. As […]
Turkey to build 1 GW solar power plant in Konya
Turkish minister of energy and natural resources Berat Albayrak announced the tender for the 1 GW photovoltaic solar power plant in Karapınar, Konya in December. In the announcement, he said that the “world’s largest photovoltaic solar plant will mark the new era for the renewable energy in Turkey”. It is expected that the United States, […]
Energy transition: majority of capacity additions come from renewables
Renewables are the fastest growing energy sector today, but there are still obstacles for its further development, primarily related to infrastructure and unpredictability of renewable supplies for the power production. These are some of the conclusions of the World Energy Congress 2016 held in Istanbul, Turkey, reported by the Anadolu Agency, congress’ global communication partner for 2016. Adnan Z. Amin, […]
