IFC supports green bond to mobilize private funds
International Finance Corporation, member of the World Bank Group, said it invested USD 50 million (EUR 44.7 million) in a green or sustainable bond issue of the Industrial Development Bank of Turkey (TSKB). This is the first such security issued from Turkey in international debt capital markets. The issue size of the bond is EUR […]
Tekno Group opens largest solar power plant in Turkey
Tekno Ray Solar, with its Italian partner Enerray, opened Turkey’s largest photovoltaic facility, which in the first stage has production capacity of 18.5 MW. It is located in the central Anatolian province of Konya. The plant, planned for 22.5 MW, will meet electricity demand of more than 20,000 households, the company said in a press release. The […]
City of Gaziantep unveils climate change action plan
The European Bank for Reconstruction and Development (EBRD) said it is supporting the southeastern Turkish city of Gaziantep in an ambitious set of policies to tackle climate change by cutting emissions by 20% by 2023. The plan for dramatic improvement in the environment is laid out in a comprehensive document launched by deputy mayor Latif […]
Juwi from Germany hired for 18.6 MW in solar projects
Koyuncu Group selected Juwi Group to develop 18 of its unlicenced projects in Turkey. After having installed a 7.4 MW solar power plant last year in the city of Denizli, about 200 kilometers northwest of Antalya, in the country’s southwest, the company is now about to construct 18 DC solar parks with a total installed […]
Nordex obtains turbine orders for more than 40 MW
In the first quarter of 2016, Nordex SE was selected for three projects with a total of more than 40 MW in Turkey. These projects, for 18 turbines altogether, are located in different regions of the country and cover wind classes IEC 1 to 3. The largest of the projects is the Karacabey wind farm […]
Trina to send solar modules of 40 MW to Tegnatia
Trina Solar signed an agreement to supply 40 MW of solar modules to Tegnatia, engineering, procurement and construction (EPC) contractor
Siemens: Time to invest in Turkey’s less windy areas
The wind energy sector is still at its infancy stage in the world, despite its fast-paced growth, Hakan Yıldırım, Siemens' wind and renewables division lead, told Anadolu Agency
By 2035 smart grids to be financed with EUR 10 billion
Europe plans to invest EUR 400 billion in smart grids by 2050, while the estimate for Turkey is EUR 10 billion by 2035
