EBRD to promote innovative waste recycling projects
The European Bank for Reconstruction and Development said it launched a programme to finance investments aimed at minimising waste and increasing resource efficiency in the industry, agribusiness and municipal sectors. The Near-Zero Waste initiative is set to drive a profound transformation of waste management in a move to help Turkey advance towards a more competitive, […]
Nordex gets contracts for 64.2 MW in string of deals
Three contracts for the installation of N117/2400 and the N117/3000 turbines in Turkey, totalling 64.2 MW, were awarded to Germany’s Nordex. According to its press release, the company will be supplying seven N117/3000 Generation Delta turbines for the Ödemiş wind farm to the new customer Erdem Holding. This order also includes a premium-service contract for […]
Soma wind farm adds third section, grows to 240 MW
EDF Énergies nouvelles announced the commissioning of the third section of the Soma wind farm in Turkey via its local subsidiary Polat Enerji, 45% owned by the group. The 100 MW extension increases the total capacity of the wind farm to 240 MW. Polat Energy is a joint venture company with Canada’s PSP Investments and […]
German–Turkish partnership launches wind power plants
Borusan EnBW’s two aeolic parks in the provinces of Mersin and Çanakkale began operations, while additions to an existing wind power plant in the province of Balıkesir increased the facility’s capacity by 30 MW, bringing the partnership’s wind facilities to 246 MW, Today’s Zaman reported. The main mission of Borusan EnBW’s energy is to benefit […]
EBRD co-finances country’s largest geothermal plant
Güriş Holding subsidiary’s Efeler geothermal project put its fourth, 22.5 MW binary cycle unit into use and the company secured a USD 200 million (EUR 180.6 million) loan by the European Bank for Reconstruction and Development, alongside additional 15-year loans of EUR 293.52 million from Türkiye İş Bankası AŞ (İşbank), EUR 117.4 million from Turkiye […]
Istanbul to expand its Odayeri waste-to-energy plant
Turkey’s most populated city will fund the capacity extension of Odayeri, the country’s largest waste-fuelled thermal powered facility with TRY 6.5 million (EUR 2.24 million), Anadolu Agency’s Energy Terminal said. Istanbul is preparing to increase the Odayeri plant’s size from 35.4 MW to 45.3 MW, the report said. The plan is to raise daily generation […]
An overview of the Turkish photovoltaic market
By Qendresa Rugova, Burg Capital GmBH, Vienna esa.rugova@burgcapital.com Driven by steady economic growth, the Turkish power market has experienced tremendous progress over the past decade with power generation assets doubling from around 37 GW in 2000 to the current level of 70 GW. This expansion, however, has also led to an increased reliance on imported […]
Petkim wind farm shall be complete next year
The wind power plant for Turkey’s Petkim petrochemical complex, in which the State Oil Company of Azerbaijan (Socar) has a share, will be launched next year, Kenan Yavuz, Socar Turkey’s CEO, said during the 22nd Caspian Oil and Gas Conference in Baku, Azerbaijan. „As Socar Turkey, we are fulfilling our share of the burden in […]