LITTLETON : As Europe’s fastest-growing energy consumer since 2010, and a ratifier of the Paris agreement to cap emissions, Turkey is viewed as a critical energy transition test case seeking to retool its power system while sustaining economic growth. With a population of 85 million and a major manufacturing base on the doorstep to Europe, […]
Turkey’s energy storage market is ‘now fully open’ – EQ Mag Pro
With a commitment to add 1GW each of new solar PV and wind each year, Turkey’s need for energy storage is coming sooner rather than later. The country’s energy regulator has already acted to enable market participation for storage and companies on the ground are ready to deliver, says Can Tokcan, managing partner at Turkish […]
Renewables constitute 98% of Turkey’s power coming online in Q1
Almost all of Turkey’s installed power that has come online from January through March has stemmed from renewable resources, the country’s Energy and Natural Resources Minister Fatih Dönmez said Monday. “The proportion of renewable energy in installed power, which is increasing every day, is going toward 100%. In the first three months, 97.9% of our […]
Turkey’s electricity generation from solar plants soars 50%
Turkey’s electricity generation from solar power plants has soared by 50%, the country’s energy and natural resources minister said Tuesday, citing data from February 2020, which puts the country in third place in Europe and ninth in the world in terms of added installed solar capacity since 2014. The share of solar power plants in […]
Turkey’s Naturel Yenilenebilir skips dividend for 2019
ANKARA (Turkey) : Turkish renewable energy company Naturel Yenilenebilir Enerji Ticaret said that it will skip the distribution of dividend for 2019. The company’s shareholders adopted the decision on December 25, in a bid to strengthen the group’s financial positions in light of the ongoing coronavirus pandemic, Naturel Yenilenebilir said in a bourse filing on Monday. […]