Turkey
Turkish wind power industry passes major threshold – statistics update
11 August 2021 - Turkey, the world's number 12 in wind power production, reached 10 GW in capacity. The sector's share of electricity output so far this year was 9%.
Renewable power capacity in Turkey to more than double by 2030 to 50 GW
09 August 2021 - Green power capacity is expected to increase from 19.07 GW in 2020 to 49.31 GW by 2030, growing at a compound annual growth rate of 10%.
Turkish exporters to EU face EUR 771 million burden due to carbon border tax
06 August 2021 - Producers of cement, aluminium, electricity, and steel could face additional costs estimated at EUR 399-771 million in 2026.
Aydem to use part of USD 750 million green bond issue for hybrid power plant projects
04 August 2021 - Turkish firm Aydem Renewables sold green bonds for USD 750 million. It will add solar power units to hydro and wind assets, upgrading them to hybrid power plants
Training in solar, wind energy to improve job prospects for Syrian refugees
03 August 2021 - They will gain the skills thanks to a new network of renewable energy laboratories established by the UNDP.
Turkey’s first hydro-solar hybrid power plant Lower Kaleköy comes online
30 July 2021 - Cengiz Holding added an 80 MW solar power plant to its 510 MW Lower Kaleköy hydroelectric unit in Turkey, integrating them into a hybrid power plant
Turkey rolls out system for guarantees of origin of electricity
21 June 2021 - Power producers and consumers in Turkey can now certify electricity from renewable sources including a trading system for guarantees of origin
Turkey to auction 4 GW in solar, wind power this year
28 May 2021 - Turkey will put 2 GW of wind power and 2 GW of solar power up for auction by the end of 2021 through the YEKA scheme
Turkey preparing framework as it may issue its first sovereign green bond
21 May 2021 - The Turkish government is working on legal requirements that will enable it to raise money with green and social bond packages, a news report revealed
Turkey wasting no time preparing for Europe’s carbon border tax
30 April 2021 - The CBAM, planned for 2023, could drastically change the business conditions for all companies exporting goods to EU.
Five renewable energy firms preparing to enter stock market in Turkey
20 April 2021 - The Istanbul Stock Exchange is about to add five companies from the renewable energy sector, as they decided to tap on massive investor interest
Turkey’s development bank gets USD 170 million green loan from Japan
05 April 2021 - JBIC co-financed a EUR 170 million line for TKYB within the program to promote Japanese environmentally-friendly technologies
Turkey has green hydrogen potential of 1.6 million tons per year
31 March 2021 - Turkey can produce up to 1.6 million tons of hydrogen per year with power supply from renewables, substituting 5% of total final energy consumption
Turkey’s Garanti BBVA bank to stop financing coal projects
31 March 2021 - Garanti BBVA, the fifth-largest bank in Turkey vowed to cleanse the loan portfolio of the remaining coal mines and plants by 2040
Demand reaches record in solar power auctions for 1 GW in Turkey
16 March 2021 - Companies responded to a call for the development of solar power plants across Turkey with 9.6 times more bids than available lots
Galatasaray, Enerjisa to install world’s largest solar power plant on stadium
11 March 2021 - The Ali Sami Yen Sports Complex Türk Telekom Arena Stadium will generate its own energy with solar panels that will be installed on its roof.