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 […]
Vestas receives 83 MW order for Yahyalı wind park
Bak Enerji Uretimi A. Ş. is buying equipment for its wind project in Turkey from Vestas Wind Systems A/S. The order for the Yahyalı project comprises the supply and installation of 25 of V126-3.3 MW wind turbine units as well as a 10-year active output management (AOM) 4000 service agreement, Vestas said. Delivery of 83 […]
Belectric wins 77.4 MW in Turkey’s first solar licensing
Joint venture partner of Germany’s Belectric Solarkraftwerke GmbH has tendered successfully the single largest ground-mounted solar power project in Turkey with an AC connection capacity of 45 MW. Including this one, three projects developed by Belectric Kuloğlu Güneş Elektrik Santrallari Teknolojisi A. Ş. won recent tenders with a combined AC connection capacity of 77.4 MW, […]
JinkoSolar to supply 50 MW of solar panels to Tegnatia
Photovoltaic industry supplier JinkoSolar Holding Co., Ltd. announced it would supply panels of 50 MW overall capacity to Turkey’s renewable energy developer Tegnatia. According to the agreements signed by both parties at the beginning of 2015, the equipment will be delivered in several shipments bound for projects across Turkey. Tegnatia is a joint venture between […]
IFC invests in Finans Leasing to help energy efficiency
IFC, a member of the World Bank Group, said it is providing a USD 60 million (EUR 52.62 million) loan to Finans Leasing, a leading Turkish leasing company, to boost lending to small and medium enterprises (SMEs) for sustainable energy efficiency projects that will cut costs and help protect the environment. IFC will lend USD […]
Government aims 30 percent renewable energy usage by 2023
Turkey’s Energy Market Regulatory Authority has received 14 times more pre-license applications than its allocated capacity for wind power plants, Mustafa Yılmaz, head of the authority, revealed on May 6, Anadolu Agency reported. At the 21st International Energy and Environment Fair and Conference (ICCI 2015) in Istanbul, he said the allocated capacity for wind power […]
Entso-E’s Continental Europe grid extended to Turkey
The European Network of Transmission System Operators for Electricity (Entso-E) said its Continental Europe grid, one of the largest AC synchronous grids in the world, extended to Turkey and its 75 million consumers. „Electricity interconnection brings social welfare. This agreement means more electricity trade, more sharing of power reserves, more security and mutual help in […]
