Turkey maintains geothermal superpower status

Eighteen facilities generating electricity from geothermal sources came online last year in the world, adding a combined 313 MW in capacity to existing 13 GW in a total of 24 countries. The number of new power plants was in line with the previous years, though the overall size was lower, the United States Geothermal Energy […]

Renewables March 17, 2016

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 […]