Renewables

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

Photo: Pixabay

Published

August 4, 2017

Country

Comments

0

Share

Published:

August 4, 2017

Country:

Comments:

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

GEK Terna signs solar power PPAs with PPC, RWE in Greece

GEK Terna signs solar power PPAs with PPC, RWE in Greece

08 June 2023 - Electricity supplier HERON and Meton Energy have signed power purchase agreements (PPAs) for three solar power projects in Greece

Rumen Radev Hydrogen investor becomes Bulgaria s new energy minister

Hydrogen investor becomes Bulgaria’s new energy minister

08 June 2023 - Bulgaria's new Minister of Energy Rumen Radev is a director of Holding Zagora, which participates in the Stara Zagora hydrogen valley project

Hidroelectrica-IPO-Bucharest-Stock-Exchange-July

Hidroelectrica to conduct IPO on Bucharest Stock Exchange in July

07 June 2023 - Fondul Proprietatea intends to sell most of its 19.94% ownership of state-owned Hidroelectrica or the entire stake

Albania, Republic of Srpska sign agreements for activating national guarantees of origins registries

Albania, Republic of Srpska roll out registries for guarantees of origin

07 June 2023 - Now they can start issuing GOs and engage in trading in line with EU rules, the Energy Community Secretariat said