Renewables

Siemens-led consortium wins 1 GW wind project tender in Turkey

Photo: Pixabay

Published

August 4, 2017

Country

Comments

comments icon

0

Share

Published:

August 4, 2017

Country:

Comments:

comments icon

0

Share

Consortium led by German Siemens has won the tender for 1 GW wind energy project in Turkey, the Turkish energy authorities announced.

The consortium composed of Siemens and two Turkish companies, Turkerler and Kalyon, has been awarded the tender for the project worth USD 1.2 billion (EUR 1.12 billion).  The consortium has offered the lowest price at USD 0.0348 (EUR 0.0294) per kWh.

The winner must build a wind turbine factory in Turkey with the capacity of at least 150 units of 2.3 MW per year up to 21 months after the contract is signed. An overall 1 GW needs to be ready in the subsequent 36 months after the licence.

World’s top wind turbine producers participated in the tender and total of eight consortia, composed of international and Turkish companies, submitted their final bids in the tender. The tender was organized under the Renewable Energy Resources Area (YEKA) scheme, and covers seven regions in Turkey.

Turkish Minister of Energy and Natural Resources Berat Albayrak said that this will contribute to bilateral relations with Germany, which have been strained in recent months.

He said that the project will increase Turkey’s wind energy production by 17 percent, adding that the country will continue to invest in local resources in the regions with low energy supply.

The project will be financed by more than third through international sources.

The future wind farms under the YEKA system would generate 3,000 GWh of electricity per year, supplying around 1.1 million households. The project will also help avoid 1.5 million tons of CO2 emissions annually.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

bih solar wind investments bicakcic

BiH to install 2,200 MW of wind, solar over next three to four years

06 September 2024 - Investments in renewables were additionally boosted by a significant increase in electricity prices, Edhem Bičakčić said

Ed Miliband UK aims to turn new state owned firm GB Energy into energy giant

UK aims to turn new state-owned firm GB Energy into energy giant

06 September 2024 - The city of Munich owns more British offshore wind capacity than the UK government, Energy Secretary Ed Miliband told lawmakers

rimac energy uk sinestack bess

Rimac Energy to deliver its first SineStack battery system to UK

05 September 2024 - Rimac Energy, a brand of Rimac Technology, part of Rimac Group, has commissioned its first SineStack

green corridor project cable black sea interconnector

Azerbaijan, Georgia, Hungary, Romania establish firm for Black Sea interconnector

05 September 2024 - The four parties have signed a shareholders' agreement for the Green Energy Corridor Power Company in Bucharest