Renewable energy producers in Turkey get EUR 5.8 billion in incentives in 2019
Renewable energy producers in Turkey received TRY 38.04 billion (EUR 5.8 billion) in incentives in 2019 under the Renewable Energy Support Scheme (YEKDEM), according to data provided by Energy Exchange Istanbul (EXIST). Under the YEKDEM program, renewable energy plants get feed-in tariffs. The stimulus is available for for wind, hydro, geothermal, biomass and solar. A […]
Kalyon building solar systems factory to make 500 MW in panels per year
Production of photovoltaic equipment is scheduled to begin at the end of April in Ankara’s organized industrial zone, OIZ, where Kalyon Group began the construction of its integrated plant. At the presentation, its representatives said they earmarked USD 400 million in the project. Board member Haluk Kalyoncu claimed the unit would substitute USD 300 million […]
Turkey cancels solar tendering, applications to compete for 1 GW of wind due by March 7
Turkey has canceled tendering for a total of 1 GW of solar capacity, and is now expected to reschedule it during 2019, while applications to take part in the second YEKA wind tendering, for a combined capacity of 1 GW, are due by March 7, according to reports. The postponed procurement was to be split […]
Turkey plans to conduct solar and wind tenders of 10 GW each
Turkey plans to hold 10 GW of solar and 10 GW of wind tenders in next 10 years as a part of Turkey’s Renewable Energy Resource Zone (YEKA) project. Turkey’s goal is to increase its energy capacity and to focus on renewable sources, Berat Albayrak, Turkey’s energy and natural resources minister announced earlier this week In […]
Energy efficiency Action plan to save Turkey USD 30 billion by 2033
The National Energy Efficiency Action plan will help Turkey save USD 30.2 billion in next 15 years. Both residential and industrial energy sectors will be subjects to energy efficiency refurbishment. The Turkish High Planning Council approved this plan in January.The plan has 55 actions planned to develop energy efficiency measures throughout various sectors in industry, construction, […]
The biggest solar power plant in Turkey to be built by Turkish – South Korean consortium
Solar power plant of 1 GW will be installed in Karapınar Renewable Energy Resource Area (YEKA). The tender bid was won by Kalyon-Hanwha group consortium, offering the lowest price of EUR 0,0699 per kWh. Total value of this project is USD 1.3 billion. There were 4 consortiums competing in the tender bid for a solar […]